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Watchdog says about 15 Swiss banks in money laundering ‘red zone’: SonntagsZeitung

October 16, 2016 by · Leave a Comment 

Roughly 15 Swiss banks are in a “red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on Sunday. Swiss federal prosecutors …

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Watchdog says about 15 Swiss banks in money laundering ‘red zone’: SonntagsZeitung

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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

March 21, 2016 by · Leave a Comment 

The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit following the acquisition, according to a statement from the Federal Reserve.

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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

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FanDuel and DraftKings shut down games in New York

March 21, 2016 by · Leave a Comment 

Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months long fight with the state's attorney general over whether the games are illegal gambling. New York Attorney General Eric Schneiderman said the companies had agreed to immediately stop operating paid contests in the state and that an appeal of an injunction against the two companies would be heard in September. Schneiderman…

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FanDuel and DraftKings shut down games in New York