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Executives helped Sergei Roldugin deposit millions of francs in Swiss accounts between 2014 and 2016Four bankers who helped Vladimir Putin’s close friend Sergei Roldugin move millions of francs through bank accounts in Zurich have been convicted of fin…
The accounts were opened in the name of Sergei P. Roldugin, a concert cellist nicknamed “Putin’s wallet.”
Group of Swiss women and French ex-mayor suing their governments in first such cases heard by rights courtThe governments of Switzerland and France have been accused of breaching the human rights of their citizens by not acting decisively enough on cli…
German lender and and Switzerland’s UBS among those hit, while FTSE 100 dragged downBusiness live updates: banking sell-off intensifiesA sharp sell-off of European banking shares resumed on Friday as market jitters about the health of the sector refuse…
“This is no bailout,” said Karin Keller-Sutter, the Swiss finance minister, calling the deal a commercial solution to avoid bankruptcy and collateral damage.
Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concernsSilicon Valley Bank’s parent company files for bankruptcyCredit Suisse hit by legal action from US investorsCredit Suisse shares came under renewed pressur…
After largest shareholder was unable to provide backing, Europe’s 17th largest lender says it will use government help to become ‘simpler and more focused’ Credit Suisse has announced that it will take a CHF50bn ($53.7bn) loan from the Swiss central ba…
Swiss bank’s shares fall to record low as top shareholder Saudi National Bank rules out more fundingSVB collapse may be start of ‘slow rolling crisis’, warns BlackRock bossMore than £75bn was wiped off the FTSE 100 on Wednesday, as Swiss authorities st…
The Alpine state makes arms that Western allies want to send to Kyiv. Swiss law bans this, driving a national debate about whether its concept of neutrality should change.
Swiss national and three Russians appear in court in connection with accounts in name of Putin’s friend Sergei RolduginFour bankers have appeared in a Swiss court charged with helping to hide tens of millions of francs on behalf of Vladimir Putin.The m…