Weekly Roundup: Deutsche Bank Settles Bribery Case, US Officials Place New Controls on Payment Protection Program, and More

Deutsche Bank agreed to pay more than $130 million to settle U.S. charges that it paid bribes in Abu Dhabi, China, Italy and Saudi Arabia, and separately engaged in commodities trading fraud. More The U.S. Small Business Administration will require lenders to run standard anti-fraud checks when disbursing the third round of government-subsidized loans to firms impacted by the novel coronavirus pandemic, Reuters reported. More Danish prosecutors dropped AML-related charges against six of the nine former employees of Danske Bank suspected of helping criminals move €200 billion through the lender's branch in Estonia, Reuters reported. More The Lithuanian branches of...