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Basswood Capital Management L L C Lowers Holdings in Comerica Incorporated (NYSE:CMA)

Basswood Capital Management L.L.C. cut its holdings in Comerica Incorporated (NYSE:CMA – Free Report) by 60.0% during the fourth quarter, Holdings Channel reports. The firm owned 96,335 shares of the financial services provider’s stock after selling 144,382 shares during the quarter. Basswood Capital Management L.L.C.’s holdings in Comerica were worth $5,376,000 at the end of […]

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Banks face headache from laundering scandal

Banks face headache from laundering scandal
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Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter.Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMacron and Scholz Get Trounced by Far Right in EU ElectionsPutin Is Running Out of Time to Achieve Breakthrough in UkraineSchol

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