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Demonetisation led to highest fake currency, suspicious transactions, reveals report A new Financial Intelligence Unit (FIU) report has found that the country's banks not only received an all-time high amount of fake currency in 2016-17, but also detected an over 480 per cent jump in suspicious transactions post demonetization, the PTI reported. The banks, including those in the private, ...
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Wells Fargo to pay $1B for mortgage, auto lending abuses In a settlement announced Friday, Wells will pay $500 million to the Office of the Comptroller of the Currency, its main national bank regulator, as well as a net $500 million to the Consumer Financial Protection Bureau. The action by the CFPB is notable because it is the first penalty imposed by the ... Wells Fargo agrees to pay $1 billion fine — but compensation for victims isn't assured - Santa Cruz Sentinel
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Two more held in Balasore fake currency case Balasore: Continuing its crackdown against circulation of counterfeit currency notes, the Balasore police on Thursday night arrested two more persons and seized three fake notes from their possession. The two accused identified as Hasim Ali and Md Farhad Khan, who were arrested from Jaleswar and ...
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Fitch Upgrades Cyprus's Long-Term Foreign-Currency IDR to BB+ with a Positive Outlook Fitch Ratings has upgraded Cyprus's Long-Term Foreign-Currency Issuer Default Rating (IDR) to BB+ from BB with a positive outlook. The rating is just one step before the investment scale. Fitch said that future developments that may, individually or collectively, lead to an upgrade include the reduction ...
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