Finance firms and ex-spies: strange bedfellows in a war-torn world
Regulation
UK’s Metro Bank fined $20m for AML lapses
From June 2016 to December 2020, Metro Bank lacked adequate systems to monitor transactions for money laundering risks.
Danske Bank agrees to pay over $2bn fine after admitting fraud
German regulator BaFin pulls up Deutsche Bank again over lapses
Wells Fargo agrees to pay over $145m to end 401(k) probe
UK government kicks off overdue BNPL regulatory push, sector consolidation prospects rise
Crypto crash is the “medicine” the bloated market needs, industry says
