[NEW YORK] Goldman Sachs Group was told by regulators to tighten its risk oversight and increase reports of internal debates about deals just after the bank completed US$6.5 billion of bond financing...

[FRANKFURT] Germany's financial supervisor has asked Deutsche Bank, the country's largest lender, for information about its activities as a correspondent for scandal-plagued Danske Bank...

DEVELOPERS will bear new responsibilities and duties to prevent money laundering and terrorism financing from happening in the real estate sector, under a Bill passed by Singapore lawmakers on...

IN SEPTEMBER this year, the CEO of Danske Bank resigned from his post after a report revealed that up to US$230 billion may have been laundered through its Estonia branch over a nine-year period. In...

[COPENHAGEN] The whistleblower who helped reveal 200 billion euro (S$313.2 billion) in money laundering involving Danske Bank told the Danish parliament on Monday that the bank's management had...

[SYDNEY] Senior staff of Commonwealth Bank of Australia, the country's biggest lender, felt disappointment and embarrassment when a regulator blamed its culture of complacency for letting money...

[NEW YORK] US officials unveiled criminal charges on Thursday against two former Goldman Sachs bankers over the scandal-plagued Malaysian sovereign wealth fund 1MDB, raising fresh questions about...

[BRUSSELS] European Union states are discussing an action plan to counter money laundering at banks that would involve clearer powers for supervisors and a review of a series of recent high-profile...

IT took rickshaw driver Mohammad Rasheed a year to save 300 rupees to buy his daughter a bike, so when he found that three billion rupees (S$30.8 million) had passed through an unused bank account in...

[KUALA LUMPUR] Former Malaysian prime minister Najib Razak and his top treasury official were on Thursday charged with six counts each of criminal breach of trust involving government funds of RM6.6...