ABN Amro shares fall on concerns about size of possible money laundering fine

REUTERS

ABN Amro shares fell 4% in early trading in Amsterdam on Monday, following reports that the Dutch bank might face a higher-than-expected penalty in an ongoing money laundering investigation. read more »

Whistle-Blower Says Credit Suisse Helped Clients Skip Taxes After Promising to Stop

NEW YORK TIMES

Seven years after Credit Suisse promised federal prosecutors that it would stop helping rich Americans hide their wealth from tax collectors, a whistle-blower is contending that it continued to do just that, raising the possibility that the Swiss bank could face a fresh investigation and steep financial penalties. read more »

India to propose cryptocurrency ban, penalising miners, traders

REUTERS

India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class. read more »