Huge Russian Money Laundering Scandal Ensnares Multiple European Banks

Are there any banks in Europe that haven’t been tainted by the burgeoning Russian money laundering scandal?

To wit, European banking shares tumbled on Tuesday as reports suggested several banks from Austria to the Netherlands to – of course – the Baltics – had been accused of turning a blind eye (or at least failing to detect) money laundering by a group nicknamed “the Troika Laundromat”.

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