Luigi Wewege is breathing a little easier today after a major scare at his bank earlier this year.
Mr Wewege, senior vice-president at Belize’s Caye International Bank, watched as one by one, the bank’s correspondent banking relationships disappeared as its partners cut ties. UK-based Crown Agents Bank ended its correspondent relationship in November 2018, for example, while Moneycorp, a UK foreign exchange company, did the same in January 2019.
