Western Union
American financial services company
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2022 | Western Union suspended operations in Russia and Belarus due to the Russian invasion of Ukraine. |
2020 | Western Union sold its Englewood office complex for $40 million. |
November 2020 | Western Union acquired a 15% stake in the digital payments unit of Saudi Telecom Company for $200 million. |
March 2020 | The Department of Justice charges against Western Union were dismissed. |
May 29 2019 | Western Union announced the departure of executive Odilon Almeida, who had served as executive vice president and president of Global Money Transfer. |
2018 | Western Union was fined $60 million by the New York State Department of Financial Services for failing to prevent money laundering and fraud. |
2018 | Western Union moved its headquarters from Englewood, Colorado to the Denver Tech Center. |
2017 | Western Union admitted to money laundering and consumer fraud violations, agreeing to pay a $586 million settlement with the Department of Justice. |
May 2015 | The Central Bank of Ireland fined Western Union €1.75 million for failures in anti-money laundering practices that could have enabled money laundering and terrorist financing. |
October 2011 | Western Union completed the acquisition of Finint S.r.l., a leading money transfer network agent in Europe with over 10,000 subagent locations across Italy, Spain, and the United Kingdom. |
July 2011 | Western Union acquired Travelex's Global Business Payments division for £606 million. |
January 2011 | Western Union acquired Angelo Costa, a money transfer group with 7,500 points of sale throughout Europe, for US$200 million. |
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