Profits from drug wars, fortunes embezzled from developing countries and hard-earned savings stolen in a Ponzi scheme – all passed through banks like JPMorgan Chase and HSBC, a Buzzfeed and ICIJ investigation shows.
A US FinCen leak shows JPMorgan Chase, HSBC, Standard Chartered, Deutsche Bank and Bank of New York Mellon moved illicit funds for nearly two decades even after being prosecuted or convicted for financial misconduct.
Buzzfeed and HuffPost employees took to Twitter to announce they have been laid off. Some are using the social medium to find employment while other say not all departments have gotten the news yet.
At his first press conference in months, the US president-elect repeated his plans to dismantle his predecessor's legacy. He also accused CNN of broadcasting "fake news" and called Buzzfeed a "failing pile of garbage."
In his first conference after winning the elections, Trump admitted for the first time that Moscow was likely behind the election hacks. He also spoke on range of issues including repealing and replacing Obamacare and building a wall with Mexico.
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