text

Latvian bank ABLV likely to be liquidated: regulator

Latvia'stroubledABLVBank,whichUSauthoritiesaccusedofinvolvementinmoneylaunderingschemesandbribery,islikelytobeliquidatedastheEuropeanCentralBankhasdeterminedtha

text

ECB freezes Latvian bank after laundering allegation

TheEuropeanCentralBanksaidMondayithasfrozenpaymentsbythethird-largestbankintinyBalticstateLatvia,asitsfinanceshavedeterioratedinthewakeofmoneylaunderingallegati