Saturday, May 5, 2018

Desmond-backed Rietumu's auditors highlight risks amid Latvian clampdown

While Latvia's biggest private bank filed its annual report early last month, its auditors at KPMG had delayed the filing of their opinion and report until this week as they assessed the impact of a series of negative developments in the Latvian banking sector this year. Rietumu, in which Mr Desmond owns a ...

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