The European Commission Fined Five Banks for a Billion
Large banks will pay heavy fines: American Citigroup and JP Morgan, British RBS and Barclays, Japanese Mitsubishi UFG are accused of fraud in the foreign exchange market and will have…
Media: Kolomoisky and Bogolyubov Bought Houses With Money From Privatbank
The money withdrawn from Ukrainian PrivatBank was spent by its former owners Igor Kolomoisky and Gennady Bogolyubov on luxury real estate abroad, according to the Slidstvo Info film Breaking the…
Named the Owners of the “Golden Passports” of Cyprus From Russia and Ukraine
The Cypriot newspaper Politis has published a list of 34 businessmen who have received Cyprus “golden passports” in exchange for investments. Among them are Russian and Ukrainian entrepreneurs. In particular,…
Yandex Wants to Buy Tinkov’s Business
Oleg Tinkov’s proposal to the founder and head of the Yandex group, Arkady Volozh, to merge assets, which at first was perceived as a joke, seems to have led to…
Germany’s Auto Industry Retreated Under the Blows of the Pandemic
The automotive industry has become perhaps the main victim of the coronavirus pandemic in Germany. Germany’s Auto Industry Retreated Under the Blows of the Pandemic; Deutsche Welle writes about this…
The Family Business Was the Most Resistant to Coronavirus
After studying the performance of publicly traded companies, the Credit Suisse Research Institute (CRSI) concluded that family-owned companies in the first half of 2020, which passed in the shadow of…
In Riga, Passengers of the Plane With 850,000 Euros in Luggage Were Detained
The Latvian Tax Service announced the detention in Riga of passengers of a private jet who were carrying large amounts of cash – presumably of illegal origin. The State Revenue…
Facebook in Switzerland Will Develop Payment Services
Facebook in Switzerland Will Develop Payment Services; In early May, an entry appeared in the Geneva commercial register about a new company, Libra Network, owned by Facebook Global Holdings II.…
Abkhazia Started Accepting Mir Cards
Abkhazia Started Accepting Mir Cards; Russian payment cards “Mir” began to be accepted in Abkhazia, the National Bank of the partially recognized republic reports. The department noted that this decision…
Russian Grigory Guselnikov Sold the Latvian Bank PNB
“Everything in life comes to an end…” – this is how Grigory Guselnikov, the former main shareholder of the Latvian PNB Banka , began his post on Twitter . It…