Feb 27 (Reuters) - Switzerland's financial regulator FINMA said on Friday it would wind down MBaer Merchant Bank AG after ...
The U.S. Treasury is moving to cut a small Swiss bank off from the U.S. financial system over alleged illicit ties to Iran and Russia.
U.S. Treasury Secretary Scott Bessent attends a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council's annual report to Congress, on Capitol Hill in ...
A Treasury ⁠spokesperson said the unidentified official would meet ⁠on Monday and Tuesday with Swiss government and private sector officials to discuss priorities for U.S. and international ⁠sanctions ...
Barclays and Atlas SP Partners are among lenders exposed to the collapse of UK mortgage finance group Market Financial Solutions, which fell into administration on Wednesday amid allegations of fraud ...
Swiss authorities revoked the license of MBaer Merchant Bank AG over evidence it helped clients evade sanctions, saying it ...
The Swiss franc has appreciated 10% against the U.S. dollar since the beginning of the year. A strengthening franc has put deflationary pressure on the Swiss economy, which returned to deflation last ...
HSBC Holdings Plc’s Swiss private bank is ending relationships with wealthy Middle Eastern clients, including many with assets exceeding $100 million, as the bank seeks to lower its exposure to ...
Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the beleaguered megabank took it up on the offer, hoping to reassure investors that it had the ...