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The New York State Financial Services Administration’s sanctions add to Deutsche Bank’s continuing troubles

Media IN – New York 21-06-2018 The New York State Financial Services Department said it would fined Germany’s Deutsche Bank more than $ 205 million for foreign exchange fraud. These violations involve improperly coordinating business with other financial institutions to enhance the Bank’s profits, according to the management statement. The …

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A record rise in annual Suez Canal revenues

Abu Dhabi Media 17 \ 06 \ 2017 Suez Canal revenues in Egypt rose 11.5 percent to a record $ 5.585 billion in fiscal year 2017-2018. According to a statement published on the Suez Canal Authority website, the previous year’s revenues were $ 5.008 billion, Reuters reported. Channel Chairman Mehab …

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