Reported by Gina Heeb (Excerpt shared below. To read full report, go to: https://www.wsj.com/finance/banking/bank-of-america-agrees-to-pay-72-5-million-to-settle-epstein-lawsuit-e8ed82e2?mod=mhp) Bank of America agreed to pay $72.5 million to settle a lawsuit that alleged the bank kept ties to people close to Jeffrey Epstein and failed to flag suspicious payments between the convicted sex offender and his associates and victims. The proposed class-action lawsuit […]

The Telegram-based Xinbi Guarantee black market sells services that help prop up scam operations. British officials just hit the highly lucrative marketplace with sweeping sanctions. Reported by Wired (Excerpt shared below. To read full report, go to: https://www.wired.com/story/20-billion-xinbi-guarantee-uk-sanctions/) Chinese-language online black markets have become one of the biggest drivers of cybercrime in history, processing tens of billions of […]

Reported by Noele Illien and Myriam Balezou (Summary featured below. To read full report, go to: https://www.bloomberg.com/news/articles/2026-03-25/switzerland-s-mbaer-merchant-bank-brought-down-by-iran-money-laundering-claims?embedded-checkout=true) The collapse of MBaer Merchant Bank AG has exposed how a small Swiss institution allegedly became entangled in a global money-laundering network linking Venezuela, Iran, and Russia. Founded in 2018 by former private-banking executives including Mike Baer and Paul‑Michel von […]

Reported by Tech in Asia (Excerpt shared below. To read full report, go to: https://www.techinasia.com/news/hsbc-weighs-20000-job-cuts-as-ai-reshapes-operations) HSBC is weighing deep job cuts over the next three to five years as CEO Georges Elhedery plans to use AI to shrink middle and back offices. People familiar with preliminary deliberations said the moves could affect about 20,000 roles or […]

Reported by The White House (Excerpt shared below. To read full report, go to: https://www.whitehouse.gov/articles/2026/03/president-donald-j-trump-unveils-national-ai-legislative-framework/) This framework addresses six key objectives:

Reported by Lulu Yilun Chen and Denise Wee (Excerpt shared below. To read full report, go to: https://www.bloomberg.com/news/articles/2026-03-19/jpmorgan-shut-china-tycoon-s-account-that-made-millions-for-bank?embedded-checkout=true) JPMorgan Chase & Co. has shut the private banking account of Tang Hao, a Chinese investor who rose to prominence after taking a multibillion-dollar stake in one of the world’s top-performing stocks, according to people familiar with the matter. Tang […]

Reported by Robert Booth (Excerpt shared below. To read full report, go to: https://www.theguardian.com/technology/2026/mar/22/palantir-extends-reach-into-british-state-as-it-gets-access-to-sensitive-fca-data) Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal. The Financial Conduct Authority (FCA) […]

Reported by SARAH DAVIS (Excerpt featured here. To read full report, go to: https://thehill.com/policy/energy-environment/5794259-trump-lifts-iranian-oil-sanctions/amp/) The Trump administration lifted sanctions on Iranian oil stuck at sea on Friday evening as the conflict between the U.S. and Iran continues to hike up global energy costs. “Today, the Department of the Treasury is issuing a narrowly tailored, short-term […]

Reported by Napier AI

Reported by the U.S. Department of the Treasury (To read full report, go to: https://home.treasury.gov/system/files/246/2026-NMLRA.pdf) The U.S. Treasury’s 2026 National Money Laundering Risk Assessment (NMLRA) evaluates the most significant money-laundering threats, vulnerabilities, and risks affecting the United States. Covering the period from January 2024 through December 2025, the report uses data from law-enforcement investigations, regulatory […]