Lenore Staats

SEB dirty money problems ‘not new’, says Swedish FSA after TV show revelations

STOCKHOLM (Reuters) – Sweden’s financial watchdog said on Wednesday that lender SEB’s past deficiencies regarding money-laundering were well known, after Swedish Television (SVT) aired a programme saying 8.2 billion Swedish crowns ($919 million) in suspicious funds had passed through the bank.

SVT’s allegations were based on leaked suspicious activity reports (SARs) filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), which were reported by U.S. and other media on Sunday.

“The fact that there has been suspected illicit financial flows through SEB in the Baltic region is something that has been reported on…so in that sense this information is not new,” the FSA told Reuters.

The Baltic scandal, first ensnaring Danske Bank and resulting in a record Swedish fine for Swedbank, lifted the lid on money flows from Russian and other non-resident clients into the European Union and elsewhere.

“The information

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The Heartbreaking Reason This Touching Dorothy and Sophia Scene Was So Personal for Bea Arthur

The Golden Girls tackled both light comedic material and more serious matters over the course of its seven seasons. One scene in which Dorothy talks with her mother Sophia after a heart attack scare was deeply personal for actor Bea Arthur as she had just suffered her own loss.

Estelle Getty, Bea Arthur, Rue McClanahan, and Betty White on 'The Golden Girls'
Estelle Getty, Bea Arthur, Rue McClanahan, and Betty White on ‘The Golden Girls’ | Paul Drinkwater/NBCU Photo Bank

There was a heart attack scare in 1 episode of ‘The Golden Girls’

The Golden Girls Season 1 Episode 10, titled “The Heart Attack,” involved Sophia (Estelle Getty) believing she was having a heart attack. Since there was a big storm, the other women are concerned that the paramedics won’t arrive in time.

At one point, Sophia’s daughter Dorothy (Arthur) discusses her worry with Blanche (Rue McClanahan) that her mother might die.

“Blanche, what if she dies?,” Dorothy says, adding, “If she dies,

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The fund managers, the sleuths and the mystery of the missing ESG

If fund managers are serious about clean investments, they need to get their hands dirty.
That’s the view of Sasja Beslik, head of sustainable finance at Swiss bank J Safra Sarasin, as demand surges for companies that perform well on environmental, social and governance (ESG) issues.
He himself has turned ESG detective in the past, flying to southern India after reading studies that found high water pollution levels around some factories mass-producing medicines.
Accompanied by a cameraman, Beslik spent 10 days meeting villagers and taking samples from streams close to the plants supplying companies that his then-firm had invested in.
He said his samples were confiscated by airport authorities, but that he sent his video evidence of foaming scum in streams to 27 international and local companies with operations there.
“We got a response in a week from all of them,” he said, adding that most were keen to fix

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Coronavirus daily news updates, September 14: What to know today about COVID-19 in the Seattle area, Washington state and the world


Editor’s note: This is a live account of COVID-19 updates from Monday, Sept. 14, as the day unfolded. It is no longer being updated. Click here to see all the most recent news about the pandemic, and click here to find additional resources.

Throughout Monday, on this page, we’ll post updates on the outbreak and its effects on the Seattle area, the Pacific Northwest and the world. Updates from Sunday are here, and all our coronavirus coverage can be found here.

https://www.seattletimes.com/(Jennifer Luxton / The Seattle Times)

South Carolina’s lieutenant governor contracts COVID-19

COLUMBIA, S.C. — South Carolina Lt. Gov. Pamela Evette was diagnosed with COVID-19 on Friday and is recovering in isolation with her family at home, officials said.

Evette had a sore throat and headache Thursday and was tested for the virus. She has stayed at her family’s home near Greenville since noting the symptoms, said

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New look, new chance. But now mercaditos, like other Latino businesses, hang in the balance

Luz Arango waves to a regular at Lupita's Corner Market and Deli, a family-owned business in L.A.'s Westlake District for nearly 30 years. <span class="copyright">(Allen J. Schaben / Los Angeles Times)</span>
Luz Arango waves to a regular at Lupita’s Corner Market and Deli, a family-owned business in L.A.’s Westlake District for nearly 30 years. (Allen J. Schaben / Los Angeles Times)

People have been dropping by Lupita’s corner for years.

¡Hola mija! they often shout as they walk past the front door.

Qué hay de bueno? What’s new? 

For 27 years, the little market at West 3rd Street and Lucas Avenue in L.A.’s Westlake neighborhood has been far more than just a store.

“It’s a place that feels like home — like it belongs to us,” said Josefina Reynoso, 72.

Luz Arango, right, helps Josefina Reynoso, who was the first customer at Lupita's 27 years ago. <span class="copyright">(Allen J. Schaben / Los Angeles Times)</span>
Luz Arango, right, helps Josefina Reynoso, who was the first customer at Lupita’s 27 years ago. (Allen J. Schaben / Los Angeles Times)

Before the pandemic struck, sealing off much of the world around us, Lupita’s Corner Market was on the verge of a rare transformation. Lupita Olague, 67, the single

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Jenna Lyons’s New Beauty Venture Gets Personal | W Magazine

Jenna Lyons, fashion’s former powerhouse and the one-time creative director and president of J. Crew, has returned to the public eye—this time, in the beauty sphere.

Lyons, along with her former J. Crew collaborator makeup artist Troi Ollivierre, debuted a new collection of lashes, called LoveSeen, on Monday. 

For Lyons, this foray into beauty is more than just a business move. It’s personal. The designer suffers from a rare genetic disorder that causes her hair to fall out and scars her skin. “Since I don’t have any lashes of my own, this makes me hyper-focused on what makes them beautiful and how transformative they can be,” Lyons said. “That being said, what I was looking for wasn’t currently available, so I felt there was a possibility to create a space of my own.” 

The creative duo saw a gap in the market to fill: while there were plentiful offerings of

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Japan Business Intelligence and Analytics Software Market is expected to grow at a CAGR of 9.5% from 2020-2026

With a CAGR of 9.59%,Japan Business Intelligence and Analytics Software Marketprojected to grow, in terms of value, over the 2019-2026 forecast period, to reach USD 1473.38 million by 2026.

Due to the tremendous increase, especially in mobile users, the sector has additional added value. Business intelligence software allows enterprises to make informed decisions based on logical facts involving market trends and patterns of consumer purchases.In addition, growing adoption of data analytics end-use industries to analyze the data and make more informed business decisions is expected to drive demand for business intelligence and analytics software. Due to the tremendous increase the sector has added value, particularly in mobile users.

Request to get the report sample pages at :https://www.blueweaveconsulting.com/japan-business-intelligence-and-analytics-software-market-bwc20091/report-sample

The increasing demand for cloud-based business intelligence and analytics software in the delivery model sector is driving the market. The software allows users to access data from mobile devices, tablets,

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Agriculture Insurance and Reinsurance Market Will Hit Big Revenues In Future: Swiss Reinsurance, Som

Edison, NJ — (SBWIRE) — 09/15/2020 — Covid-19 Impact Update – Global Market Research Industry

A new business intelligence report released by AMA with title Agriculture Insurance and Reinsurance Market Size, Status and Forecast 2019-2025 is designed covering micro level of analysis by manufacturers and key business segments. The Global Agriculture Insurance and Reinsurance Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are Swiss Reinsurance Company Ltd. (Switzerland), Sompo International Holdings Ltd. (United States), AXA XL (United States), Syngenta (Switzerland), Munich Re (Germany), Agroinsurance (Georgia), Hanover Re (Germany), Partner Re (United States), Scor Re (France), GramCover (India), Mapfre Re (MAPFRE) (Spain), Lloyd’s (United Kingdom), Berkshire Hathaway (United States), Everest Re (United States), China Reinsurance

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Question: Why Do Bankers Behave So Badly? They Make too Much Money to Ask Questions

Over the past 16 months journalists have been scouring through more than 2,000 Suspicious Activity Reports originally sent by banks to the United States Treasury, before being leaked to Buzzfeed and then passed along to the International Consortium of Investigative Journalists.

The reports relate to more than US$2 trillion in transactions over the period from 2000 to 2017. Some of these transactions will already have been investigated, and may be legitimate. In the case of the Australian banks, the regulator AUSTRAC has already asked the US Treasury for some of this information.

There are a number of questions raised by this latest episode of bad behaviour by banks. Firstly, why don’t banks have better controls to stop these kinds of transactions from occurring?

With transactions from tax havens, from shell companies, or to countries under sanction why aren’t banks themselves doing some investigation rather than simply passing information along to

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Bishakh Som Discusses the Very Personal Process of Writing SPELLBOUND

In her graphic memoir Spellbound, Bishakh Som blurs the mundane and the fantastic—the facts and the truth—in the story of how she wrote her first graphic novel. Through mirrored protagonists—herself, Bishakh, a Bengali American trans woman, and Anjali, her cisgendered stand-in—Som tells a story about creativity, process, identity, and self-love. After Som’s brief introduction, the memoir plunges readers into Anjali’s story. Anjali has quit her New York architecture firm and she sets an intention: use this next year to pursue her passion project, a graphic novel.

It’s a narrative of confusion, angst, growth, and rebuilding. Instead of jumping on a morning train into the city, Anjali holes up at her Park Slope apartment. She draws panels and shoots the sh*t with her cat Ampersand. Her days dissolve into wine and vegetarian meals. This steady narrative of quotidian process is intercut with vignettes from Anjali’s life—her childhood move from Ethiopia

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