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Weekly Roundup: Panama Papers Fallout Continues, Gulf Countries Move Against Hezbollah Finances, and More
printAuthorities in France, Germany, the United Kingdom and other European nations are investigating banks identified in the trove of documents leaked from Panamanian firm Mossack Fonseca to the International Consortium of Investigative Journalists and other news agencies, according to Reuters. More Deutsche Bank AG accelerated its earlier decision to end ties with Cypriot lender RCB Bank after the leaks indicated that one of its owners, Russia's VTB Group, may have planned as much as $2 billion in offshore transfers involving close associates of Russian President Vladimir Putin, an anonymous source told Bloomberg. More Putin refuted widespread allegations of corruption stemming...
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