RIGA/FRANKFURT (Reuters) - Latvia's new anti-money laundering chief pledged on Thursday to improve control of financial crime, urging the Baltic state's banks to become more hands on in spotting and ...

FRANKFURT (Reuters) - Latvia's prime minister has promised to accelerate an overhaul of the banking sector as fears grow that money laundering scandals could single the country out as high risk, ...

RIGA (Reuters) - Latvia is investigating whether its banks acted as conduits for Russian funds used to interfere in elections and politics elsewhere, after it received a warning from the United States ...

Valka is facing financial strain, blaming lost tax revenue from Latvians registered in Valga and calling for cross-border ...

RIGA (Reuters) – Offshore funds flowing from crisis-hit Cyprus have helped boost bank deposits in Latvia, strengthening the small Baltic state’s position as an offshore banking centre for neighboring ...

A Latvian bank has been hit with the stiffest fine possible for involvement in money laundering connected to the case of the whistle-blowing Russian lawyer Sergei Magnitsky. Latvia's Financial and ...

NEW YORK (MarketWatch) -- A year ago, a sell-off in the currency of Iceland, a North Atlantic island nation with a population of less than half a million, triggered a meltdown in emerging markets ...

Vitaly Mansky, a prominent Russian documentary director, remembers the moment when he decided he needed a safe haven outside Russia because life in his homeland was becoming untenable. It was the ...