News

Credit Suisse agreed to pay a $510 million penalty to the U.S. Justice Department for helping American taxpayers conceal nearly $4 billion and breaching the terms of a prior plea agreement. More Halkbank has appealed to the U.S. Supreme Court to reverse a lower court's ruling that cleared the way for federal prosecutors to bring the Turkish lender to trial for allegedly laundering money, profiting from fraud and helping Iran evade sanctions, Reuters reported. More Twenty-one percent of 2,000 U.K. residents surveyed by Virgin Money indicated that they had previously been approached by unidentified suspects seeking to recruit them into...