FSA takes control of stock exchange following money laundering claims

But can Danske Bank take control when it faces the press on Wednesday to disclose the findings of its investigation into the activities of its Estonian branch

The Financial Supervisory Authority (FSA) has taken control of the Copenhagen Stock Exchange (CSE) following claims of money laundering. It has removed the executive board, which will no longer be able to exercise power on behalf of the CSE’s shareholders. Instead, decisions will be made by the FSA, which has commented that the issues at hand “have no private solution”. The takeover follows a review that revealed there was insufficient customer knowledge, and that the equity funds’ own system for monitoring complex and unusual transactions was inadequate.

The gap between those high-carb and low-carb studies is smaller than you think

Getting around half of your energy from carbs is associated with the lowest risk of dying early.

It isn’t surprising that people are confused about nutrition when the media presents different findings as gladiatorial battles: vegetarian versus carnivore, high-fat versus low-fat diets and, more recently, low-carb diets versus high-carb. But, when you dig down into the data, many of these studies are reporting surprisingly similar things—and this is the case with the latest studies reporting on carbohydrates and health.

Homeowners are sitting on a record $6 trillion in equity. Why aren’t they using it?

Rising interest rates are making lines of credit more expensive… and Americans may still be leery of cash-out refis

American homeowners have amassed a record $6 trillion in equity in their properties, a figure boosted by surging home prices and a trend of owners staying put longer. But rising interest rates and caution resulting from the housing troubles of a decade ago are limiting how much of that equity is getting tapped.

Vibrant U.S. economy should weather Hurricane Florence with just a blip

Hurricanes like Florence often disrupt economy, but only briefly

The damage caused by hurricane Florence could muddy the picture on the economy in the next month or two, but make no mistake: The U.S. is still growing rapidly and little is standing in its way.

Big storms usually cause hiccups in consumer spending and hurt businesses in the affected regions. Notable examples include Irma, Maria, Sandy and Katrina. Yet the effects on the gigantic U.S. economy rarely last long.

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