Lenders

Banco Master SA’s former chief executive Daniel Vorcaro was returned to custody for a second time in roughly three months as a widening probe into the collapsed lender added allegations of threats, intimidation, and illegal access to sensitive law-enforcement data.

Citigroup faces troubling allegations that an in-house security unit comprised of former law-enforcement officials penalized two compliance staffers who came forward with regulatory concerns and helped defend the institution against a lawsuit by a former employee.

Washington is increasingly turning U.S. anti-corruption enforcement into an instrument of economic statecraft—a shift that threatens to undercut decades of American efforts to fight illicit activity abroad.

U.S. banks have stepped up monitoring for potential cyberattacks as the U.S. war in Iran grinds on, while Gulf lenders face fresh questions over their preparedness for cyber activity tied to Iran-aligned hacktivists.

Dubai has cultivated an image as the safest haven for global capital in the Middle East, but Iranian strikes on the emirate are putting that image to a test.

The U.S. Treasury Department on Monday imposed sanctions on Rwanda’s military and four senior officials, accusing them of backing the March 23 Movement (M23) armed group in eastern Democratic Republic of the Congo (DRC).

Luxembourg authorities raided the premises of EFG Bank last week as part of a preliminary investigation into the institution’s compliance with anti-money laundering (AML) and counterterrorism financing (CTF) laws.

The family of Francesca Albanese, the U.N. special rapporteur for Palestine, sued President Trump and senior U.S. officials on Wednesday, challenging sanctions imposed on her over her advocacy for the prosecution of Israeli leaders and international companies connected to the war in Gaza.

The U.S. on Thursday blacklisted five senior Nicaraguan officials for their alleged role in helping Nicaragua to consolidate authoritarian power through financial controls, labor policy, surveillance, and military intelligence operations.

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday proposed a Section 311 “special measure” that, if finalized, would cut MBaer Merchant Bank AG off from the American financial system.