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NEW YORK (AP) — New York state says Deutsche Bank has agreed to pay 0 million to settle claims that it broke compliance rules in its dealings with the late sex offender Jeffrey Epstein. The penalty was announced in an agreement Tuesday by Superintendent of Financial Services Linda A. Lacewell. “Banks are the first line of defense with respect to preventing the facilitation of crime through the financial system, and it is fundamental that banks tailor the monitoring of their customers’ activity based upon the types of risk that are posed by a particular customer,” Superintendent Lacewell said in the press release. “In each of the cases that are being resolved today, Deutsche Bank failed to adequately monitor the activity of customers that the Bank itself deemed to be high risk. In the case of Jeffrey Epstein in particular, despite knowing Mr. Epstein’s terrible criminal history, the Bank inexcusably failed to detect or prevent millions of dollars of suspicious transactions.”The release said the agreement marked the first enforcement action by a regulator against a financial institution for dealings with the financier. Epstein killed himself last August in a Manhattan federal jail while awaiting trial on sex trafficking charges. In a statement, the German bank said the settlement reflected its cooperation. Deutsche Bank CEO Christian Sewing addressed the bank's staff in a press release stating that taking Epstein on as a client in 2013 "was a critical mistake and should never have happened.""I would like to thank our colleagues involved for their determined handling of these cases and the internal investigations, which the DFS acknowledged as 'exemplary,'" Sewing said in a press release. "At the same time, we all have to help ensure that this kind of thing does not happen again. It is our duty and our social responsibility to ensure that our banking services are used only for legitimate purposes. That's exactly why we should always examine things critically, ask questions, and speak up. I also recommend that you read the DFS consent order and the client Q&A so that we are aware of our mistakes and learn the appropriate lessons from the past."It said it has significantly boosted its anti-financial crime capabilities.The state also found that other payments went to Russian models and for women’s school tuition, hotel, and rent expenses, as well as suspicious cash withdrawals — in total, more than 0,000 over approximately four years. 2490
New safety measures are now in place at airports across the country.“Anyone in the airport must wear a mask at all times while in the airport,” said Stacey Stegman, spokesperson for Denver International Airport.While travel is down, new safety options are going up after vending machines offering personal protective equipment arrived.“It’s new, it’s different and it’s a stark reminder of the world that we are in today and traveling under these circumstances,” Stegman said.The price for PPE is for two surgical masks with hand sanitizer and a tray cleaner, and for two KN95 masks, hand sanitizer and a tray cleaner.“If it takes the masks to get our concerts back, then I’m all for it,” said Brad Michaels, who has traveled the world as drummer for the band Good Charlotte.Michaels flies private as often as possible but while traveling commercial, he says protection is a priority.“I think it’s a good thing,” he said of PPE vending machines. “I think the price is a little ridiculous: two masks for but we’re at the airport, so.”Now more airports like McCarran International in Las Vegas are also carrying these PPE vending machines.In New York City, PPE vending machines have hit the streets and have even gone underground.David Edelman is with Rapid Mask2Go. He noticed a demand for PPE and installed these vending machines across the city with plans to expand across the East Coast.“This was a cost effective, quick way to get more masks in the hands of as many people as possible,” he said.Because whether on the subway or in the sky, this is the new norm of traveling during the COVID-19 era. 1619
NEW YORK (AP) — It's no joker. The night sky all over the world is lighting up Saturday with an illumination of the famed bat insignia to mark a special anniversary for Batman.DC Comics is carrying off a celebration of Batman Day to mark the 80th anniversary of the appearance of crimefighter Bruce Wayne and his masked hidden identity.Fan gatherings are planned all over the world. But the most ambitious party plan is the illumination of the Batman signal.It will start at Fed Square in Melbourne, Australia. It will also appear in 13 cities, including Tokyo, Berlin, Rome, Paris, London, Sao Paulo and Johannesburg.It will light up at the Domino Sugar Refinery in New York City before making its final appearance in Los Angeles at City Hall. 752
New developments have surfaced in the search for a missing 3-year-old Georgia boy.Last week, police in New Mexico rescued 11 starving children, ages one to 15, who were living in squalor at a filthy compound. Among the trash and piles of junk that litters the compound in Amalia, New Mexico, authorities say they’ve found the remains of a young boy.The remains could be those of Abdul-Ghanni Wahhaj, who went missing in Georgia late last year. His fourth birthday was on Monday.Five adults were taken into custody after authorities raided the compound, where they found children living with no plumbing and rags for clothes. 632
Nestle and Starbucks are teaming up to create a "global coffee alliance."Under the deal, Nestle will pay .2 billion to market, sell and distribute Starbucks' packaged products around the world, the companies said Monday.Nestle already has a significant presence in the coffee business with well-known brands like Nescafe and Nespresso. It's now adding Starbucks coffee and tea products to the list.The agreement only covers Starbucks' packaged goods sold outside the US company's stores. It doesn't include Starbucks' ready-to-drink coffee, tea or juices.Starbucks CEO Kevin Johnson said the deal "will bring the Starbucks experience to the homes of millions more around the world."The deal still needs approval from regulators and is expected to be finalized in summer or early fall this year, the companies said.About 500 Starbucks employees will join Nestle under the agreement, the Switzerland-based company said.It said the Starbucks packaged goods business generates annual revenue of about billion a year. 1031