Beware of robber banks (RB), bad advisors.
-
Swiss bank Julius Baer slammed for money laundering failures
Swiss bank Julius Baer (BAER.S) has been reprimanded by the country’s watchdog for ignoring money laundering risks in handling millions of francs of suspect payments linked to corruption in Venezuela and world soccer body FIFA. In a highly critical report, FINMA said there had been scores of failings at Switzerland’s third-largest bank, such as when it accepted a 70 million Swiss franc ($71 million) transfer for a Venezuelan customer in 2014 despite knowing he was accused of corruption. The regulator’s announcement, which outlined serious lapses as recently as 2018, comes as Switzerland seeks to change its ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 20, 2020 7:56am Feb 20, 2020 7:56am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
- Comment #2
- Quote
- Feb 20, 2020 8:16am Feb 20, 2020 8:16am
- buttons
- Joined Mar 2010 | Status: Member | 58 Comments
- Comment #3
- Quote
- Feb 20, 2020 8:19am Feb 20, 2020 8:19am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
Member
- Comment #4
- Quote
- Feb 20, 2020 8:20am Feb 20, 2020 8:20am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
Member
- Comment #5
- Quote
- Feb 20, 2020 8:27am Feb 20, 2020 8:27am
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3123 Comments
Everyone can see the chart, but only a few can actually read it.
- Comment #6
- Quote
- Feb 20, 2020 8:41am Feb 20, 2020 8:41am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
Member
- Comment #7
- Quote
- Feb 20, 2020 12:51pm Feb 20, 2020 12:51pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #8
- Quote
- Feb 20, 2020 12:57pm Feb 20, 2020 12:57pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
- Comment #9
- Quote
- Feb 21, 2020 3:43am Feb 21, 2020 3:43am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3437 Comments
Member