Archive for September 3rd, 2015

Swiss bank with CI link strikes US deal to reveal secret accounts

Swiss bank with CI link strikes US deal to reveal secret accounts

| 03/09/2015 | 1 Comment

(CNS Business): The US Department of Justice has struck a non-prosecution deal with Schroder Bank AG that will see the Swiss-based bank and its Cayman subsidiary cooperate in any criminal or civil proceedings and pay a $10m penalty to avoid criminal charges relating to secret accounts. The DoJ also said that the Cayman arm and a Swiss […]

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