Exact(55)
"We all know this needs to be fixed because there is not one good reason why these businesses are not allowed to have banking accounts -- only bad reasons: security concerns and accountability concerns," Mike Elliott, executive director of the trade association Medical Marijuana Industry Group, told KDVR.
Citi was not where Mr. Madoff had his banking accounts.
Worldwide, private banking accounts for about 3% of Citigroup's profits.
About two million United States households hold consumer banking accounts at Citibank, a unit of Citigroup, he said.
Some entrepreneurs appreciate the innovative spirit of these new companies and are switching their business banking accounts.
Mr. Birkenfeld is being credited with unlocking billions of dollars of tax revenue that had been hidden in offshore banking accounts.
Similar(5)
Get an English banking account.
Bank accounts are private.
Changing bank accounts.
"We have separate bank accounts.
She could garnish bank accounts.
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