UK financial regulator investigating banks involved in Mozambique loans
The United Kingdom financial regulator is investigating possible wrongdoing by the Swiss bank Credit Suisse and VTB of Russia in the scandal of the government guaranteed loans, totaling over two billion dollars, which they arranged for Mozambican state or quasi-state companies in 2013-14. According to a report in the “Wall Street Journal” (WSJ), the U.K. … Continue reading UK financial regulator investigating banks involved in Mozambique loans
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