Financial stocks came under pressure on Monday amid a report that global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials. The sell-off was triggered by a new investigation by BuzzFeed and the International Consortium of Investigative Journalists that said the banks’ internal compliance officers flagged a total of more than$2 trillion in transactions between 1999 and 2017 as possible money laundering or other criminal activity. The report cited confidential documents submitted by banks to the U.S. government. (CNBC) The Government of Indonesia will hold an auction for Government Securities (SUN) on September 22, 2020, consisting of series SPN03201223 (New Issuance), SPN12210701 (Reopening), FR0086 (Reopening), FR0087 (Reopening), FR0080 (Reopening), FR0083 (Reopening), and FR0076 (Reopening). The maximum target for this auction is IDR 40 trillion, while the indicative target is IDR 20 trillion. Source: Danareksa Sekuritas Debt Research Photo by Matt Thornhill on Unsplash