The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
Inflation, string of terror attacks in Turkey to be blamed IFM Correspondent January 4, 2017: Lira, Turkey’s embattled currency, on Tuesday crashed to a historic low against the US dollar due to higher than expected inflation figures and security worries after the attack on a nightclub in Istanbul on New Year eve. The lira was...