
Unregulated firm Financial.org closes, investors say accounts frozen
Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.

Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.

The British pound rose slightly on Tuesday as investors digested the latest Brexit developments, although sterling was below a three-week high as traders kept to their large short positions betting against the currency.

A first bank in Denmar is paying negative interest to private customers.

Armed robbers broke into a Mexican government coin manufacturer on Tuesday and filled a backpack with more than $2 million worth of gold coins from a vault that had been left open.

Stock markets around the world fell hard on Monday on fears that China’s willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world’s two largest economies.

UBS Group will impose from November a negative interest rate of 0.75% on wealthy clients who deposit more than 2 million Swiss francs ($2.02 million) with its Swiss bank.

Spain’s anti-corruption prosecutor has asked Spain’s High Court to put the country’s second-biggest bank,BBVA, under formal investigation as part of a probe into an alleged spying case, the prosecutor’s office said in a statement on Wednesday.

India’s state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd’s account to the country’s central bank.

The Turkish lira soared nearly 2.8% on Monday to its strongest level since April after President Tayyip Erdogan said he heard from U.S. President Donald Trump there would be no sanctions over Turkey’s purchase of Russian S-400 defence systems.

Pakistan’s rupee dropped to another record low on Wednesday, sliding more than 3% in a day, the central bank said.