Photo of the Remarkables mountain range in Queenstown, New Zealand.

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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