Spanish newspapers are digging into a spiraling investigation of alleged money laundering in Spain by a state-run Chinese bank that is world’s largest financial institutional. “The Chinese Bank Is A Tool For Extracting Millions From Spain,” reads Thursday’s front page of Spanish daily ABC. More than 100 Spanish police officers raided the Industrial and Commercial […]
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Remember asset-backed securities and the 2008 global financial crash? Desperate to jumpstart Europe’s economy, the European Central Bank chief is making them presentable again.