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Mestios/ business / US prosecutors inves...

business

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US prosecutors investigating financial transactions at Block, as reported by NBC News

2024-05-01 18:11

United States of America

country primarily located in North America

news division of NBC

American television and radio network

business

speculative

US prosecutors are looking into financial transactions at Block, focusing on compliance lapses at Square and Cash App.
Areas under investigation include whether there was a failure to gather sufficient customer information to assess risks.
Shares of Block fell more than 7% in early trading following the news report.

President Joe Biden announced Sunday that he will end his presidential re-election campaign, bringing an abrupt and humbling conclusion to his half-century-long political career and scrambling the race for the White House less than four months before Election Day.

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United States of America

country primarily located in North America

news division of NBC

American television and radio network

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