Tuesday , 16 December 2025

Recent Posts

Nigeria accuses HSBC of money laundering

Bloomberg Nigeria accused HSBC Holdings Plc of money laundering after an analyst working for the lender said that a second term for President Muhammadu Buhari may stall economic recovery in Africa’s biggest oil producer. “What killed Nigeria’s economy in the past was the unbridled looting of state resources by leaders, the type which was actively supported by HSBC,” presidential spokesman …

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ECB’s Makuch may quit before 2020 Slovak vote

Bloomberg European Central Bank Governing Council member Jozef Makuch said he might not finish his second term at the helm of Slovakia’s monetary authority to allow the appointment of his successor before 2020 general elections. Makuch said there is a chance that the ballot will have an inconclusive result and that’s “the only reason” why he would consider stepping down …

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NY sues comptroller of currency over ‘fintech decision’

Bloomberg New York sued the US over a decision to allow financial technology companies to apply for special national banking charters, saying the move is “lawless” and “ill-conceived” and will destabilise financial markets that are more effectively regulated by the state. Maria Vullo, superintendent of the state’s Department of Financial Services, filed the lawsuit against the Office of the Comptroller …

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