James Freis was hired by crisis-hit Wirecard in May  to become the German payments group’s chief compliance officer. Photograph: iStock

James Freis, the former US regulatory official tasked with running German e-payments giant Wirecard as it collapsed over the summer, warned an audienc(...)

The FinCEN files show that the world’s largest banks play a key role in the massive flow of funds out of Russia into the West.

An unprecedented glimpse into the staggering amounts of suspect money that flow through the international banking system is revealed in leaked files f(...)

  Latvia Ilmars Rimsevics. Latvia’s finance minister said Mr Rimsevics should step aside for the time being to protect the Baltic country’s reputation. Photograph: Roman Koksarov/AP

Latvia’s anti-corruption agency has detained central bank governor Ilmars Rimsevics, prompting calls for him to step aside while he is under investiga(...)