News

Deutsche Bank is considering cutting ties with President Donald Trump over reputational concerns, three senior officials with the German lender told Reuters. More European finance ministers threw their weight behind the European Commission's proposal to establish an EU-wide anti-money laundering supervisor, Reuters reported. More EU securities regulators found that German supervisors failed to adequately scrutinize the financial disclosures of collapsed payment processor Wirecard, according to EU Reporter. More The U.S. Treasury Department warned that blacklisted individuals and entities may exploit the largely unregulated art industry to evade sanctions, ACAMS moneylaundering.com reported. More U.K. officials launched a review of laws governing...