Swedbank says has been truthful over money laundering probes


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Swedbank believes it has been honest with authorities looking into allegations that accounts at the bank may have been used for money laundering, its chairman said on Thursday. ... Suite

Goldman Sachs fined $45 million by UK watchdog for reporting failures


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Britain's markets watchdog said on Thursday it had fined Goldman Sachs International a record 34.3 million pounds ($45 million) for failing to provide accurate reporting of transactions over a ... Suite

Bond yields on the canvas, Turkey’s lira on the ropes


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Global bond yields continued to spiral lower on Thursday as recession fears fed expectations of more policy easing by major central banks, while Turkey's lira took a 5 percent beating as pressure ... Suite

Sony turnaround architect Hirai to retire as chairman


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Sony Corp on Thursday said chairman Kazuo Hirai, who helped engineer the electronics giant's recent revival, will retire in June, bowing out as the Japanese company is on track for another record ... Suite

EU court clears German green charge exemption to industry


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Germany acted legally when it exempted heavy industry from a green energy surcharge in 2012, the European Union's top court said on Thursday, overturning a decision by the EU antitrust regulator and ... Suite

Asiana Airlines CEO Park quits in aftermath of accounting fiasco


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Asiana Airlines' co-CEO resigned on Thursday and its debt-ridden parent Kumho Asiana Group sought financial support from its top creditor after an accounting fiasco at the South Korean carrier ... Suite

Zara founder’s real estate arm buys Amazon offices in Seattle


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Pontegadea Inmobiliaria, the real estate arm of the founder of fashion group Inditex, Amancio Ortega, this week completed the purchase of two Seattle office blocks leased to Amazon, a Pontegadea ... Suite