Saturday, 25 July 2015

United States bars bank over money laundering. U.S. authorities severed access to the U.S. financial system for a
Mexican bank on Friday, saying it had failed to prevent money laundering and other crimes.

The U.S. Treasury Department said in a statement that it had taken the action against Bancomext, a unit of Grupo Bancomext, after it failed to comply with a request to provide information about