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Swedbank replaces EY with forensic auditors to investigate money laundering report

FILE PHOTO: File photo shows Swedbank's logo on its Lithuanian headquarters in Vilnius
FILE PHOTO: Swedbank's logo is pictured on its Lithuanian headquarters in Vilnius, Lithuania, in this May 10, 2014 file photo. REUTERS/Ints Kalnins

February 26, 2019

STOCKHOLM (Reuters) – Swedbank said on Tuesday it had hired external forensic auditors to investigate information in a media report linking the bank to a Baltic money laundering scandal, replacing recently appointed audit firm EY.

Sweden’s public broadcaster alleged last week that money laundering could have occurred in relation to at least 40 billion crowns ($4.3 bln) transferred between Baltic accounts at Swedbank and Danske Bank between 2007 and 2015.

Following the report the Swedish bank appointed EY to analyze material and conduct an external investigation into the claims.

“To secure that the external investigation meets necessary demands Swedbank has today decided to replace EY with Forensic Risk Alliance (FRA),” it said in a statement.

British-based FRA specializes in forensic accounting, data analytics and financial investigations and has experience in regulatory probes, anti-money laundering and terror financing cases.

“We have noticed some criticism in the media and since we think it is very important that the conclusions, which will come from the external investigation, should not be questioned, we have chosen to replace the investigator,” Swedbank spokesman Gabriel Franke Rodau said.

Danske is being investigated in five countries over some 200 billion euros of suspicious payments from Russia, ex-Soviet states and elsewhere that were found to have flowed through its Estonian branch.

Swedbank said FRA would report the results of the external investigation to the CEO and board by its March 28 annual general meeting.

Financial regulators in Sweden and Estonia have opened a joint investigation following the Swedish media report.

($1 = 9.3206 Swedish crowns)

(Reporting by Anna Ringstrom and Helena Soderpalm, editing by Louise Heavens)

Source: OANN

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North Carolina man charged in quadruple cold case murders from 2008

More than a decade after four people were found dead in an apartment at a complex in North Carolina, authorities announced Thursday a suspect was arrested in connection with the slayings.

The Charlotte-Mecklenburg Police Department said at a news conference that 32-year-old Dominick O'Neill Daise was arrested without incident two weeks ahead of the 11th anniversary of the killings, adding they "firmly believe" he did not act alone.

"This was a horrific crime and something that really, really shook our town," Maj. Cam Selvey said at a news conference.

The bodies of Timothy Stone, 33, William Royster, 46, Andrew Babyak, 43, and 31-year-old Cherilyn Crawford were discovered on March 24, 2008, inside an apartment in the top floor of an apartment building in south Charlotte, FOX46 reported.

DNA HELPS SOLVE COLD-CASE MURDER OF 83-YEAR-OLD TEXAS WOMAN

All four bodies were discovered riddled with bullets, and took days to identify, according to the Charlotte Observer.

Former CMPD Detective Miguel Santiago told WBTV that there was evidence of "a lot of gunshots" at the apartment and that all four victims had something in common.

"We believe these people were involved in a lifestyle that put them in jeopardy," he told the television station.

All four were found dead in an apartment in south Charlotte on March 24, 2008.

All four were found dead in an apartment in south Charlotte on March 24, 2008. (Charlotte-Mecklenburg Police Department)

Investigators did not reveal what led to a break in the case or what motivated the killings because it’s still an "active investigation."

"There's other people out there that we are very interested in," Selvey said. "We believe there are individuals out there who know these people that we are interested in and they may have some information."

NEW YORK INVESTIGATORS OFFERING $150K REWARD TO SOLVE COLD CASE MURDER OF 2ND AVE. DELI FOUNDER

Crawford's mother, Lu Proudhomme, described her daughter at the news conference as a "vivacious" cosmetologist and model, adding that police never stopped looking for her daughter's killer.

"This is obviously a day we're grateful for and that we've waited 11 years for," Proudhomme told FOX 46. "Grateful is the best word I can come up with right now."

Proudhomme said she barely left her home for more than 8 years after the killings and said she works with other families who are also victims of violence.

"It's been very, very difficult," she said. "It's something that doesn't go away, it's going to be a lifelong journey living without Cherilyn."

CLICK HERE FOR THE FOX NEWS APP

Mecklenburg County Jail records showed that besides being charged with four counts of murder, Daise also is facing two charges of possession of marijuana.

Officials are still offering a $5,000 reward for information that leads to an arrest in connection with the killings. Anyone with further information is asked to call Charlotte Crime Stoppers at 704-334-1600.

Source: Fox News National

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Uganda makes arrests in kidnap of American tourist and her guide

U.S. tourist Kimberly Sue Endicott poses with her guide, Jean Paul Mirenge in Uganda
U.S. tourist Kimberly Sue Endicott poses with her guide, Jean Paul Mirenge in Uganda, April 7, 2019, in this image taken from social media. Wild Frontiers/via REUTERS

April 9, 2019

By Elias Biryabarema

KAMPALA (Reuters) – Uganda said Tuesday some suspects had been arrested in connection with last week’s kidnap of an American tourist and her tour guide in a national park while a minister told a local TV that a ransom had been paid to free them.

Tourist Kimberley Sue Endecott, 35, and guide Jean Paul Mirenge-Remezo were ambushed and seized by gunmen as they drove in Queen Elizabeth National Park in the country’s southwest near the border with Democratic Republic of Congo on April 2.

It’s one of Uganda’s most visited parks, home to antelopes, lions, elephants, hippos, crocodile and leopards.

The kidnappers later demanded a ransom of $500,000. On Sunday Ugandan security officials said they had rescued the pair unharmed near the border.

In a statement on Tuesday, police said: “The joint security team actively investigating the kidnapping incident … has made some arrests of suspects, on suspicion of being involved.”

Police did not give details about the suspects but said they had been detained during “raids and extensive searches” in Kanungu district, more than 400 km (250 miles) southwest of the capital Kampala.

On Tuesday, junior tourism minister, Godfrey Kiwanda Ssubi, told NBS TV that a ransom was paid to secure the victims.

“Whatever these people (kidnappers) demanded for was paid,” Ssubi said.

“The money had to be taken … everything was done to save the lives of these people.”

Ugandan security officials had earlier refused to acknowledge the payment despite several reports in local and international media.

The United States has maintained it follows a policy of no concessions to kidnappers although the tour firm that arranged the safari told Reuters the captives were released after a “negotiated settlement” with the assistance of the US government.

In a tweet on Monday, U.S. President Donald Trump urged Ugandan authorities to find the perpetrators and bring them to justice “openly and quickly”.

(Reporting by Elias Biryabarema; Editing by Giles Elgood)

Source: OANN

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Man lights himself on fire on Pennsylvania Avenue: officials

A man lit himself on fire while standing just outside the White House on Friday, law enforcement officials tell Fox News.

Secret Service agents responded to reports just after 3 p.m. that a man lit himself on fire just outside the White House along the North Fence Line, according to a tweet.

A law enforcement official confirmed to Fox News that a man on a scooter lit his jacket on fire while on Pennsylvania Avenue.

The fire department also responded and were providing the suspect with first aid.

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Secret Service agents reportedly cleared the North Lawn, and were canvassing the area for any additional devices. Officials also shut down Pennsylvania Avenue to pedestrian traffic and additional streets were closed to vehicles.

This is a developing story. Please check back for updates.

Source: Fox News National

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Hundreds mourn girl whose body was dumped on hiking trail

Most had never met her, didn't even know her name until they saw it on the news.

But moved by the tragic death of a 9-year-old girl whose body was found stuffed into a duffel bag and discarded on a hillside trail — like so much trash, as one mourner put it — people turned out by the hundreds Monday for an at-times joyous, at other times angry and frustrated interfaith service celebrating the life of Trinity Love Jones.

They all but filled the pews of spacious St. John Vianney Catholic Church in the Los Angeles suburb of Hacienda Heights, just a couple of miles (3.2 kilometers) from where a park worker had found Trinity's body on March 5. She was dressed in pants with a panda pattern and a pink shirt — her favorite color — that proclaimed, "Future Princess Hero."

Her mother and her mother's boyfriend have been charged with murder.

"I don't even know them but I just had to come. I have grandchildren her age," Camille Boswell of the nearby city of Placentia said of Trinity and her family. "Any time a ... child dies, it hurts."

Following the wishes of Trinity's father, Antonio, she had arrived in a bright blue and white suit and bright blue hat because Trinity liked bright colors. Other mourners wore buttons with her name and photo on them.

Many acknowledged they had no idea who she was when her body was found on March 5, but they followed the news daily, stunned that such a thing could happen to an innocent 9-year-old.

Hacienda Heights, 20 miles (32.2 kilometers) east of Los Angeles, is in many ways an insular community of 54,000 people, made up of large numbers of white, Latino and Asian residents. It's walled off on two sides by hillsides dotted with large homes that offer stunning views. In the center are rows and rows of neatly kept 1960s-era tract homes.

As word of Trinity's death spread across the city through social media, local resident Kara Clark said people felt they had to do something to show their respects to her family and to also make it clear they are fed up with a society gripped by such wanton violence.

"When we first heard what happened to this child my first thought was that it could have been my granddaughter," she said. "Enough is enough with all of this stuff that happens in our world — it's awful."

Soon after the service began at noon on a warm, sun-splashed day on the church's outdoor plaza, six pallbearers, including Trinity's father, emerged dressed in matching white suits with pink vests to usher her tiny coffin inside. At the altar was a pink teddy bear and balloon. Behind it was a 9-foot-tall (2.7-meter) photo of Trinity smiling shyly and dressed in a leopard-print outfit.

"It is so fitting that we are underneath this bright sun, because what we celebrate today is the light that Trinity has within, the eternal light that has not been extinguished," Father Egren Gomez told mourners before leading them into the sanctuary.

Before going inside, mourners saw 90 candles lighted in honor of Trinity's life — 10 for each of her nine years — and heard the church's bells toll for 90 seconds.

Inside, her life was celebrated with songs and eulogies from a cross-section of religious leaders, including Catholic priest Gomez, Pastor Darnell Hammock of the New Life Community Church of Oakland and Venerable Miao Hsi, a nun from the nearby Hsi Lai Buddhist Temple, near where Trinity's body was found.

The fieriest eulogy came from Hammock, who acknowledged that although Trinity's murder had brought people of all faiths together, he realized many would leave wondering why it had happened.

"Why God? Why so soon? Why our baby? Why our niece. Why my student ...

"I got to be honest, church, I too wrestled with these questions as I prepared today," he said, adding her death reminded him of those of numerous other young people snuffed out before their time.

"I'm here to ask myself, 'When do we change the channel of this alarming episode of young black girls dying?'" he shouted, an exhortation that brought the largely white audience to its feet.

But he went on to tell mourners not to pass the chance to work together going forward.

"I want the community here today to embrace this outlook that we are in this together," he said.

Miao Hsi added that Buddhist faith accepts that although Trinity is gone, her spirit lives on in every person she leaves behind.

"We are here to celebrate Miss Trinity's rebirth," she said. "May she feel love, joy and peace."

Source: Fox News National

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Hubble Captures Smoking Gun of a Newborn Star

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Source: InfoWars

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Spring training roundup: Hot Acuna lifts Braves over Cardinals

MLB: Spring Training-Pittsburgh Pirates at Atlanta Braves
Mar 11, 2019; Lake Buena Vista, FL, USA; Atlanta Braves left fielder Ronald Acuna Jr. (13) comes in from the field during the fifth inning against the Pittsburgh Pirates at Champion Stadium. Mandatory Credit: Reinhold Matay-USA TODAY Sports

March 13, 2019

Ronald Acuna Jr. went 3-for-3 with a homer and two RBIs as the Atlanta Braves posted a 5-0 victory over the visiting St. Louis Cardinals on Tuesday at Kissimmee, Fla.

The reigning National League Rookie of the Year had an opposite-field double in the second inning and a run-scoring single in the sixth in addition to the fourth-inning liner over the left-field fence off Cardinals right-hander Miles Mikolas.

“I felt good from the start of camp,” Acuna told reporters through an interpreter after a contest in which he raised his spring average to .360. “But as the games have progressed, I have definitely felt even better.

“I think with those last at-bats, I’ve had a little extra patience. Initially, I think I was still having good at-bats. I just wasn’t getting results. Things are progressing quickly and we’re starting to see the results now.”

Rays 2, Blue Jays 1

Kevin Kiermaier’s seventh-inning sacrifice fly plated the decisive run as Tampa Bay edged host Toronto at Dunedin, Fla. Kevin Pillar had an RBI single for the Blue Jays.

Tigers 4, Red Sox 3

Jordy Mercer slugged a two-run homer to help visiting Detroit beat Boston at Fort Myers, Fla. Red Sox left-hander David Price served up the blast as one of two hits he allowed during three innings.

Twins 10, Pirates 4

LaMonte Wade had a three-run triple to help visiting Minnesota cruise past Pittsburgh at Bradenton, Fla. Adam Frazier contributed a two-run single for the Pirates.

Marlins 8, Mets 1

Brian Anderson hit a two-run homer as Miami trounced visiting New York. Reigning National League Cy Young Award winner Jacob deGrom took the loss while allowing two runs and five hits and striking out six over five innings.

White Sox (ss)-Royals, canceled

The game between Chicago and host Kansas City at Surprise, Ariz., was washed out due to persistent rain.

Mariners-White Sox (ss), canceled

Seattle and host Chicago were unable to play due to heavy rain at Glendale, Ariz.

–Field Level Media

Source: OANN

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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