News

HSBC’s independent anti-money laundering monitor alerted U.S. federal prosecutors to prohibited Iran-linked transactions moving through accounts held by Huawei Technologies, contributing to the arrest in Canada of the Chinese tech firm's top finance executive, sources told The Wall Street Journal. More Canadian authorities' arrest of Huawei’s Chief Financial Officer Meng Wanzhou pursuant to a U.S. extradition request shows how far the U.S. government is willing to go to punish violations of sanctions against Iran, attorneys told The Wall Street Journal. More Deutsche Bank cleared an additional €30 billion-worth of suspicious payments for Danske Bank Estonia on top of the $150...