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Balkan countries illegally push back migrants: UNHCR

  Belgrade / AFP Illegal deportations of migrants seeking to reach western Europe along the so-called Balkans route have been on the rise, the UN refugee agency (UNHCR) warned on Monday. Some 1,000 people from the Middle East, Asia and Africa “were expelled in November alone along the Balkans route… more than before”, the UNHCR spokeswoman in Serbia, Mirjana Milenkovska, said. ...

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Bankers count on M&A, China to spur Asia loan growth in 2017

  Bloomberg Loan bankers in Asia are relying on companies’ merger and acquisition activities and China’s ‘One Belt, One Road’ initiative to fuel loan growth next year after volumes in the region stagnated in 2016. Asia-Pacific ex-Japan loan volume amounts to $451.5 billion year to date, just shy of the $452.3 billion syndicated and clubbed deals completed in 2015, due ...

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Wells Fargo hit with film-finance fraud suit

  Bloomberg Wells Fargo is facing a multimillion-dollar film-finance fraud lawsuit, capping off a 2016 of legal woes for the banking giant. British financiers Vandermolen Film Co. and Bridgeworks Media Capital claim Wells Fargo employees conned them into funding bridge loans and they’re owed at least $14 million, according to a complaint filed in Florida state court last week. “Upon ...

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