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Nordea Accused Of Handling $790M In Suspicious Transactions

PYMNTS

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. The bank reportedly handled 700 million euros or $790 million in transactions that were questionable from 2005 to 2017.

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There’s more to house prices than interest rates

BankUnderground

There has been large variation in house price growth across regions of the UK. London has seen the highest growth in house prices of any region. On a regional basis, house prices in the North East have grown the slowest. A previous post noted that rates alone would not explain this regional variation.

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Belarus: Silicon Valley Of Eastern Europe

PYMNTS

The former Soviet Union republic may be known for manufacturing tractors, but the region has its eye on becoming Eastern Europe’s Silicon Valley. Companies in Belarus are exempt from all corporate taxes, including value-added tax and profit, real estate and land taxes. million people.

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Around The World In FinTech Innovation

PYMNTS

Sebastian Siemiatkowski, co-founder and CEO of Klarna , a startup unicorn in its own right that launched in Stockholm back in 2005, said that Stockholm’s startup breeding ground is founded on a societal infrastructure and unique cultural frameworks within which innovation can then thrive. How Berlin Earns Its ‘Startup Capital’ Reputation.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Series A into Facebook in 2005, taking a 15% stake in what was then called “Thefacebook.”. Index Ventures, which invested in King in 2005, cashed out shortly afterward, for a return of about $560M on their 8% stake. At the time of the company’s IPO 2014, Apax’s stake was worth about 100x what they paid in 2005.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

In addition, contractors were allegedly instructed to contact regional supermarkets by phone to inquire about Hampton Creek products to further create the illusion of stronger consumer support for the new product lines. The Outcome.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

If you are confronting an industry upstart, you might look to BCG, and if you’re working on problems of regional governance in Southeast Asia, you might look to McKinsey. High tax rates on corporate gains meant that the best way to spend profits was to make acquisitions.