Showing 1 - 10 of 10,000
Vietnam court orders Grab to compensate money-losing rival
AFP, Published on 28/12/2018
» HANOI: A court in Vietnam has ordered the ride-hailing app Grab to pay a taxi company more than US$200,000 for losses incurred due to competition — a judgement Grab called “a giant step backwards” for the country’s tech community.
German supervisor raps Deutsche Bank over money laundering
AFP, Published on 25/09/2018
» BERLIN - Germany's financial supervisor urged Deutsche Bank Monday to beef up its fight against money laundering, and for the first time used its power to embed an auditor at the country's biggest lender.
Danske Bank says US probing money laundering claims
AFP, Published on 04/10/2018
» COPENHAGEN - Danske Bank on Thursday said it was being investigated by the US Department of Justice over possible money laundering related to more than $200 billion transferred through the Danish lender's Estonian branch.
Bank returns money stolen by employee to customers
Boonnum Kerdkaew, Published on 24/10/2018
» UTTARADIT: Bangkok Bank on Wednesday returned to three customers about of 1.7 million baht in total, plus interest, stolen by an employee at a branch office to pay online gambling debts.
India's Yes Bank founder arrested on money laundering allegations
AFP, Published on 08/03/2020
» MUMBAI - The founder of India's Yes Bank was arrested on allegations of money laundering Sunday, amid efforts to formulate a rescue plan for the country's fourth-largest private lender.
Australian bank to pay record fine for money laundering
AFP, Published on 24/09/2020
» SYDNEY: Australia's Westpac bank has agreed to pay a record A$1.3 billion (US$923 million) fine for more than 23 million breaches of money-laundering laws, the bank and regulators announced on Thursday.
Bank of Thailand eyes measures to curb hot money
Somruedi Banchongduang, Published on 26/06/2019
» The Bank of Thailand (BoT) is set to implement measures to curb hot money following the baht's rapid gain.
Australian bank to refund shareholders after money laundering bombshell
Reuters, Published on 28/11/2019
» SYDNEY: Australia's Westpac Banking Corp has offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering laws, a rare step to fend off criticism about its transparency.
Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
Court orders daughter, bank to pay B200m for theft
Gary Boyle, Published on 20/01/2023
» The Phra Khanong Civil Court has ordered a woman, two bank employees and a bank to pay more than 200 million baht in compensation to an elderly woman over the theft of over 250 million baht from her accounts.