Chinese nationals engaged in extensive money-laundering operations in the U.S., moving a suspected $312 billion in illicit cash over the past five years, the Treasury Department revealed Thursday. The ...

(The Center Square) – Chinese networks are laundering billions of dollars in drug cartel cash through the U.S. financial system, according to a new report from the Treasury Department. Treasury's ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. FinCEN is issuing: (1) an Advisory to urge financial institutions to be ...

Money laundering isn’t new — and neither is China’s role in it. Millennia ago, Chinese merchants developed schemes to “clean” the profits of commercial trade and avoid taxation. Today, their ...

SHANGHAI/HONG KONG, June 30 (Reuters) - Chinese investors are piling into Hong Kong shares lured by lower valuations and the city's strategic position in China's growing rivalry with the United States ...