BONN A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims.
BONN A banker at the center of a trading scheme German prosecutors say resulted in hundreds of millions of euros of illegitimate tax rebates told a court the scheme had taken on an "industrial scale" involving a network of banks and other institutions.
DUBLIN Malta has been sharply criticised by an influential European monitoring body for inadequately tackling financial crime, in a report highlighting the risks of its large banking and online gambling sectors.
DUBLIN, Sept 13 Malta has been sharply
criticised by an influential European monitoring body for
inadequately tackling financial crime, in a report highlighting
the risks of its large banking and online gambling sectors.
FRANKFURT European banks have stepped up their protest against rock-bottom interest rates ahead of a central bank meeting expected to underpin a policy that tramples their profits and has even pushed some to offer free loans.
LONDON/NEW YORK U.S. congressional investigators have identified possible failures in Deutsche Bank AG's money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records, emails and other documents, three people familiar with the matter said. | Video
BONN A British banker charged with fraud in Germany has agreed to reveal the workings of a share trading scheme which prosecutors allege cost the country 450 million euros (£408 million) in lost taxes, his lawyer said on Wednesday.
FRANKFURT/RIGA The Russian former owner of a stricken Latvian lender has attacked the European Central Bank (ECB) for abruptly shutting it, amid a bitter dispute after he previously accused an ECB governor of corruption.
DUBLIN Britain will leave the European Union in October without a divorce deal, an Irish government minister predicted, causing a severe economic shock that could require pan-EU financial support for countries including Ireland.