You have searched for "money laundering"
Showing 6761-6770 of 6872
Riggs National Corp said on Monday its merger with PNC Financial Services Group Inc has collapsed, after PNC slashed its US$779mil bid in the wake of a guilty plea by Riggs' banking unit to violating an anti-money laundering law.
A businessman has been charged in the Sessions Court with laundering RM2mil.
Citigroup Inc., the largest U.S. financial institution, reported record quarterly earnings on Thursday and said it was working to resolve outstanding legal and regulatory issues.
American sprinter Michelle Collins has been hit with an eight-year ban for doping offences despite never having tested positive for banned substances.
The Companies Commission (CCM) of Malaysia established the corporate law reform committee pursuant to sections 17 and 19 of the Companies Commission of Malaysia Act 2001 to review the Malaysian corporate law under its corporate law reform programme to ensure that the reform programme will be conducted effectively and objectively.
A former executive director of a pharmaceutical company, who made headlines recently for being the first in the country to be charged with money laundering, was slapped with 10 other charges yesterday.
Fewer commercial crime cases were reported this year compared to last year but the total amount of losses involved has increased.
European Union officials Monday urged the United States to curb its deficits to help bolster the sagging US dollar amid fears a strengthening euro would stifle Europe's fledgling economic recovery.
By Choi Tuck Wo
Citigroup Inc said yesterday it would close its Japanese trust banking unit, Cititrust and Banking Corp, in a year as part of a review of its operations in the country, but ruled out any complete pullout from there.