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Weekly Roundup: Backpage.com CEO Arrested, UK Finance Chief Reassures US Bankers, and More

Texas state investigators searched the Dallas office of Backpage.com and arrested the adult classified-ad website's chief executive officer, Carl Ferrer, in Houston on charges of pimping a minor, pimping, money laundering and conspiracy to commit pimping, according to the Associated Press. More U.K. Chancellor Phillip Hammond visited New York to address U.S. bankers concerned that Brexit may threaten their ability to "passport" financial services to the European Union from their British branches, the Telegraph reported. More The United Kingdom's withdrawal from the European Union may not only deprive the bloc of its strongest advocate for sanctions against countries like Russia,...

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