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Banking

World news about “Banking” published by euronews.

27/03 14:17 CET

Andorra to dump toxic BPA assets in “bad” bank

Andorra to dump toxic BPA assets in “bad” bank

Andorra says it is to create a so-called "bad bank" out of discredited and dissolved Banca Privada d'Andorra. The US Treasury Department says it is a channel for the laundering of profits for criminal gangs, and the Andorran authorities have spent the last two weeks trying to…