Rogue Bank May Have Lost Fight to Stay Open

Ayoub-Farid, Fadi and Michael Norbert Saab, the beneficial owners of the Tanzania-based FBME Bank, whose Cyprus unit has been described as one of the most notorious money-laundering operations in the world, apparently have lost their fight to keep the bank ope... Read More...

A New Bank of Crooks and Criminals

The Cyprus-based FBME bank, permanently blocked in April by a US court from access to the US banking system and thus basically shut down, has among its depositors arguably the biggest collection of financia... Read More...

Japanese Firm Got an Indonesian Bank Almost Free

A scandal-plagued Indonesian bank, now in the hands of a controversial Japanese company, was sold to its new owners for virtually nothing, adding another layer of intrigue to the long saga of what was once the notorious Bank Century.  It is now doing business ... Read More...

New Mystery For Controversial Japanese Group

The Japanese conglomerate J Trust Group, which has come under the spotlight for a series of financial inconsistencies in Indonesia, Thailand and Cyprus, has added another. On April 14, an apparently frustrated ... Read More...