by ReutersDecember 10, 2024December 10, 20240 Share0 FILE PHOTO: Credit Suisse annual general meeting (Reuters) -U.S. asset manager AllianceBernstein is preparing to sue Switzerland for $225 million after UBS’ takeover of Credit Suisse last year led to the erasure of $17 billion of the failed bank’s debt, the Financial...
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Lombard Odier indicted in Switzerland for money laundering – Blue Water Healthy Living
By Dave Graham and Oliver Hirt ZURICH (Reuters) – Swiss prosecutors on Friday indicted private bank Lombard Odier and one of the firm’s former employees for “aggravated money laundering”, in a rare charge of such magnitude against one of Switzerland’s biggest and oldest wealth managers. The bank and the ex-employee are suspected of having played...