Latvia's banking crisis
US officials have accused Latvia’s third-largest bank of laundering money that helped fund North Korea’s missile programme. To make matters worse, the country’s central bank governor is the subject of a bribery probe. Elaine Moore discusses what’s behi...
FT News in Focus · Financial Times
February 21, 201811m 4s
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
US officials have accused Latvia’s third-largest bank of laundering money that helped fund North Korea’s missile programme. To make matters worse, the country’s central bank governor is the subject of a bribery probe. Elaine Moore discusses what’s behind the banking crisis in the Baltic state and why the European Central Bank failed to spot the problem with Claire Jones, Martin Sandbu and Neil Buckley.
Hosted on Acast. See acast.com/privacy for more information.