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RSS FeedsKeys takeaways from the FinCen Files
(WorldNews Business)

 
 

21 september 2020 20:33:40

 
Keys takeaways from the FinCen Files
(WorldNews Business)
 


(Reuters) - Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money. Britain-based HSBC Holdings PLC and Standard Chartered PLC fell to 25-year lows, while U.S. banks JPMorgan Chase & Co and Bank of New York Mellon Corp were down 4.1% and 4.7%, respectively. These lenders were named in recent articles by BuzzFeed News and the International Consortium of Investigative Journalists, based on leaked...


 
20 viewsCategory: Business
 
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