Banking and credit

FILE - In this Feb. 23, 2018, file photo, Rick Gates leaves federal court in Washington. Paul Manafort’s trial opened this week with a display of his opulent lifestyle and testimony about what prosecutors say were years of financial deception. But the most critical moment in the former Trump campaign chairman’s financial fraud trial will arrive next week with the testimony of his longtime associate Gates.(AP Photo/Jose Luis Magana, File)
August 06, 2018 - 10:00 pm
ALEXANDRIA, Va. (AP) — The Latest on the trial of former Trump campaign chairman Paul Manafort (all times local): 9:50 p.m. The star prosecution witness in the financial fraud trial of Paul Manafort testifies that he concealed millions of dollars in foreign bank accounts on Manafort's behalf and...
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FILE - In this Feb. 23, 2018, file photo, Rick Gates leaves federal court in Washington. Paul Manafort’s trial opened this week with a display of his opulent lifestyle and testimony about what prosecutors say were years of financial deception. But the most critical moment in the former Trump campaign chairman’s financial fraud trial will arrive next week with the testimony of his longtime associate Gates.(AP Photo/Jose Luis Magana, File)
August 06, 2018 - 5:48 pm
ALEXANDRIA, Va. (AP) — The Latest on the trial of former Trump campaign chairman Paul Manafort (all times local): 5:35 p.m. Paul Manafort conspired to hide millions of dollars in offshore accounts from the IRS and directed his longtime deputy to lie to bookkeepers, banks and accountants to conceal...
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In this July 30, 2018, photo, an Iranian street money exchanger holds a U.S. banknote in downtown Tehran, Iran. As the Trump administration readies to re-impose sanctions on Iran that were lifted by the Obama administration under the nuclear deal, American allies fear greater regional instability. Sanctions on trade in Iranian metals and automobiles go back into effect Monday. The more significant sanctions _ those on Iran’s oil sector and central bank _ go back into effect in November (AP Photo/Vahid Salemi)
August 06, 2018 - 2:37 pm
TEHRAN, Iran (AP) — Iranian President Hassan Rouhani struck a hard line Monday as the U.S. restored some sanctions that had been lifted under the 2015 nuclear deal, demanding compensation for decades of American "intervention" in the Islamic Republic. While saying he had "no preconditions" for...
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In this July 30, 2018, photo, an Iranian street money exchanger holds a U.S. banknote in downtown Tehran, Iran. As the Trump administration readies to re-impose sanctions on Iran that were lifted by the Obama administration under the nuclear deal, American allies fear greater regional instability. Sanctions on trade in Iranian metals and automobiles go back into effect Monday. The more significant sanctions _ those on Iran’s oil sector and central bank _ go back into effect in November (AP Photo/Vahid Salemi)
August 06, 2018 - 2:23 pm
TEHRAN, Iran (AP) — Iranian President Hassan Rouhani struck a hard line Monday as the U.S. restored some sanctions that had been lifted under the 2015 nuclear deal, demanding compensation for decades of American "intervention" in the Islamic Republic. While saying he had "no preconditions" for...
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Chinese people walk by a mural displaying world currency symbols on display outside a bank in Beijing, Monday, Aug. 6, 2018. China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. (AP Photo/Andy Wong)
August 06, 2018 - 2:03 am
BEIJING (AP) — China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. Traders must post a 20 percent deposit...
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FILE - In this photo taken on Aug. 25, 2010, a bank clerk counts Chinese 100 Yuan notes in Shanghai. China has tightened controls on trading in its yuan following a decline against the dollar that raised the risk of a damaging outflow of capital from the world’s second-largest economy. (AP Photo/Eugene Hoshiko, File)
August 06, 2018 - 1:46 am
BEIJING (AP) — China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. Traders must post a 20 percent deposit...
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August 06, 2018 - 1:38 am
BEIJING (AP) — China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world's second-largest economy. Traders must post a 20 percent deposit...
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August 04, 2018 - 7:18 am
BERLIN (AP) — Germany's central bank is changing its terms and conditions to provide for deeper scrutiny of cash transfers, a move that comes as Iran seeks to repatriate cash held in a Hamburg-based bank and the U.S. presses allies to get tough on Tehran. Iran wants to bring home 300 million euros...
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Kevin Downing, left, and Thomas Zehnle, attorneys for Paul Manafort, walk to the Alexandria Federal Courthouse in Alexandria, Va., Friday, Aug. 3, 2018, on day four of President Donald Trump's former campaign chairman Paul Manafort's tax evasion and bank fraud trial. (AP Photo/Manuel Balce Ceneta)
August 03, 2018 - 6:26 pm
ALEXANDRIA, Va. (AP) — One of Paul Manafort's tax preparers admitted Friday that she helped disguise $900,000 in foreign income as a loan in order to reduce the former Trump campaign chairman's tax burden. The testimony of tax preparer Cindy Laporta came as prosecutors from special counsel Robert...
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This image from the website of Allied Wallet CEO Ahmad "Andy" Khawaja shows Khawaja posing with President Donald Trump in the Oval Office of the White House in Washington. Khawaja gave more than $4 million to Hillary Clinton's failed presidential campaign and other Democrats, then began extending his largesse to Republicans after a lunch with GOP fundraiser Elliott Broidy two weeks after Trump clinched the presidency. Records obtained by The Associated Press show that Khawaja has helped pornographers, payday loan debt collectors and offshore gambling operations get past the gates of the banking system.(Andy Khawaja via AP)
August 03, 2018 - 2:22 pm
NEW YORK (AP) — Federal authorities looking into the illegal sale of prescription drugs online are probing the business practices of payment processor Allied Wallet, according to a person with direct knowledge of the case. Allied Wallet's CEO has donated millions of dollars to both political...
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