Sanctions

Sanctions

Credit Suisse says U.S. authorities will ‘absolutely not’ find any wrongdoing amid probe into Russian oligarch record shredding

Credit Suisse told CNBC on Wednesday that U.S. authorities will “absolutely not” find any evidence of wrongdoing as it faces a probe on its compliance with sanctions on Russian oligarchs. The Swiss bank is under investigation by the House Oversight Committee over allegations that it asked investors ...Read More

Compliance Officers Will Be The Frontline Enforcers Of Biden’s Sanctions War Against Putin’s Wealthy Oligarch Supporters

Instead of engaging in traditional warfare, President Joe Biden’s administration is attacking Russia and its top oligarchs with financially driven economic sanctions. The global banking system has adopted this weapon as well. By confiscating wealth, cutting off access to the financial markets, the coterie ...Read More