Swedbank has reached a settlement agreement to pay $50 million following an anti-money laundering investigation conducted by the New York State Department of Financial Services. This payment, which amounts to roughly SEK 482 million, will be recorded as an expense in the bank’s financial results for the third quarter.
The investigation, which commenced in 2019, scrutinized the bank's anti-money laundering and counter-terrorism financing procedures. It...
China and the Netherlands have reached an agreement aimed at promoting the resolution of business disputes through consultation. This initiative is part of their efforts to ensure the security and stability of global semiconductor supply chains. The agreement underscores a shared commitment to deepen economic and trade relations, which have been growing over the last ten years.
Announced by China's Ministry of Commerce, this understanding...
The European Union and China have agreed to embark on a three-month negotiation process to address a substantial €360 billion trade imbalance and avert...
Asian stock markets experienced a positive upswing on Thursday, largely driven by robust performances in Japan and South Korea, where technology shares soared after...
In April, Dutch imports from Gulf nations experienced a notable downturn, primarily due to disruptions in the Strait of Hormuz that impacted global shipping...
U.S. stock markets experienced their most significant single-day rise in two months, driven by a sharp decline in oil prices amid potential diplomatic progress...
Vietnam and the Netherlands have reinforced their intention to broaden cooperation in numerous sectors during their second deputy minister-level political consultation held in Hanoi....
Norway is set to significantly boost financial aid for its agriculture sector, as the government announces an additional NOK 3.66 billion in taxpayer funding...
The Netherlands continues to import approximately 12% of its liquid natural gas (LNG) from Russia, despite the European Union's commitment to halt such imports...
