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Credit Suisse faces penalties over Mozambique loan deals

By JAMEY KEATEN Associated Press ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British, Swiss and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money-laundering rules. The Zurich-based bank, Switzerland’s second-largest, also was required by the Swiss financial markets authority to improve its risk controls.

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Credit Suisse faces penalties over Mozambique loan deals

By JAMEY KEATEN Associated Press ZURICH (AP) — Credit Suisse has announced settlements with British, Swiss and U.S. authorities in connection with loans provided to state companies in Mozambique years ago. The Swiss regulator said late Tuesday that the top-drawer bank had “seriously violated” anti-money-laundering requirements in the case. The Zurich-based bank said it expects

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Brazilian senators investigating President Jair Bolsonaro's handling of the pandemic decided late on Tuesday to withdraw recommendations for charges of mass homicide and genocide against him. Bolsonaro is seen here at the Planalto Palace in Brasilia on October 19.

Brazilian senators recommend Bolsonaro be charged with crimes against humanity over pandemic

By Rodrigo Pedroso, Stefano Pozzebon and Isa Soares, CNN Brazilian senators have recommended President Jair Bolsonaro be charged with 10 crimes, including crimes against humanity, alleging his “reckless” mismanagement of the Covid-19 crisis that led to the deaths of hundreds of thousands of people. Lawmakers investigating the President officially presented their report on Wednesday, condemning

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