Wednesday , 17 December 2025

Recent Posts

Bank of China pays $4mn in money laundering case

Bloomberg Bank of China Ltd agreed to pay 3.9 million euros ($4.2 million) to settle a French probe into allegations it turned a blind eye as customers moved millions to their Asian accounts without paying European taxes. Paris prosecutor Remi Heitz said Bank of China will pay a 3 million-euro fine and 900,000 euros in damages to French tax authorities …

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Carney has traders in suspense with knife-edge last meeting

Bloomberg Mark Carney’s final decision at the Bank of England (BOE) is on a knife edge, and the governor hasn’t done anything to ease the tension. While the Canadian, who hands over the reins to Andrew Bailey in March, has mostly held investors’ hands before crucial policy meetings, this time he’s allowing them to figure it out for themselves by …

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Airbus agrees to settle bribery cases for $3b in three countries

Bloomberg Airbus SE reached an agreement to settle long-running bribery investigations in the UK, France and the US in a deal that could cost the European airplane manufacturer in the range of $3 billion. A final agreement could be announced as early as this week, according to people familiar with the matter. The preliminary deal remains subject to approval by …

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