FinCEN Files: Investigation into Dirty Money Transfers from Major Global Banks

At least $ 2 trillion in suspicious transactions were carried out between 2000 and 2017 by several major global banks. This is what an investigation by the International Consortium of Investigative Journalists, made up of 400 journalists from the media in 88 countries, including the investigation units of Radio France and the newspaper Le Monde, reveals.
For their investigation, ICIJ journalists were able to obtain "suspicious activity reports". These are top-secret documents that US bank internal compliance officials send to US financial intelligence agencies when they detect questionable money transfers.

According to these documents, 2,000 billion dollars in suspicious transactions may have been carried out. It is dirty money linked to drugs, corruption, organized crime and terrorism.

Large banks are singled out like JP Morgan, Deutsche Bank, Bank of New York Mellon or HSBC. They ensure, however, that they make significant efforts to combat financial crime an…

Wall Street Stock Exchange: Values to Follow on Wall Street

Main stocks to follow on Monday on Wall Street, where index futures suggest an opening up about 0.5% for the Dow Jones and 0.2% for the Standard & Poor's 500 but down 0.25 % for Nasdaq:

 
Wall Street Stock Exchange
 
📈 FACEBOOK and TWITTER lost about 2.6% in avant-Bourse and SNAP fell by 2.5% after the announcement by several large groups of the interruption of their advertising campaigns on social networks. JPMorgan analysts believe the ads create short-term risk for Facebook action.

📈 BOEING will begin a series of 737 MAX certification flights over Monday, spanning three days, sources familiar with the matter have learned. The title gains 3.2% in transactions in avant-Bourse.

📈 CHESAPEAKE ENERGY filed for bankruptcy on Sunday, becoming the largest US oil and gas group to apply for Chapter 11 bankruptcy protection in the United States, weighed down by heavy debt and the impact of energy sector coronavirus.

📈 COTY announced the acquisition of 20% of the capital of the make-up brand KKW, created by the reality star Kim Kardashian West, for 200 million dollars. The title jumped almost 17% in avant-Bourse.




📈 STARBUCKS will take a break from its paid advertising programs on all social networks while the group is reflecting on solutions to prevent the spread of hate speech, the group said in a statement on Sunday.

📈 KKR and APOLLO GLOBAL MANAGEMENT are among the potential buyers of the wealth management activities of National Australia Bank, an operation whose amount could exceed one billion Australian dollars (610 million euros), we learned from three sources close to the matter.

📈 GILEAD SCIENCES announced Monday that it has set the price of remdesivir for the treatment of Covid-19 at 390 dollars per ampoule in the United States and in other developed countries, or 2,340 dollars for a treatment of five days, the duration recommended in the vast majority of cases.

📈 INTERCEPT PHARMACEUTICALS fell by more than 34% in trading in the stock market just after the announcement by the Food and Drug Administration (FDA) of a request for approval of a treatment for NASH, a chronic disease liver.




📈 AMC ENTERTAINMENT HOLDINGS - Credit Suisse lowers its recommendation to “underperformance” against “neutral”

📈 WARNER MUSIC GROUP - JPMorgan begins monitoring the track to "overweight" with a target of 40 dollars.

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