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qz.com/ubs-ceo-france-debt-crisis-hard-measures-100626
UBS: the bank that outgrew a country
UBS: the bank that outgrew a country: Can a state with nine million people host a financial behemoth?
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UBS boss warns of European decline with ‘over-regulation across the board’
UBS boss warns of European decline with ‘over-regulation across the board’: Sergio Ermotti says it would take a ‘very profound and painful crisis’ to pressure ...
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Banking bombshell in the Alpine republic: Is UBS leaving Switzerland?: UBS CEO Ermotti warns that new Swiss equity capital regulations could jeopardize his ...
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UBS told to tone down lobbying in row with Swiss government
UBS told to tone down lobbying in row with Swiss government: UBS explores extension of chief executive Sergio Ermotti’s tenure as it prepares for continued ...
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"Success is not a law of nature": UBS CEO Ermotti warns against complacency in Switzerland
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UBS: Bank CEO Kelleher talks to the US about moving out of Switzerland
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Magnitsky case: UBS between Federal Court ruling and US sanctions
Magnitsky case: UBS between Federal Court ruling and US sanctions: Browder has definitely lost the legal battle before the Federal Court over funds from ...
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Key FactsUBS Faces Legal and Sanction Conflicts Over Frozen Funds
Feb 6, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: nzz.ch
  • Bill Browder lost the final legal battle over frozen funds linked to alleged Russian tax fraud at Swiss federal court.

  • The bank accounts to be released belong to two Russians listed under US sanctions stemming from the Magnitski Act.

  • After extensive investigations, Swiss prosecutors dropped the case against the suspects, drawing international criticism.

  • UBS must navigate compliance with Swiss law while avoiding violations of US sanctions on the implicated individuals.
  • Switzerland is a country where the legal system does not function. And if a legal system does not function, we must fix it.
    — Bill Browder, testimony before the Helsinki Commission in Washington, regarding the Magnitski case and Switzerland
UBS boss warns against excessive banking regulation ahead of overhaul
UBS boss warns against excessive banking regulation ahead of overhaul: Switzerland should not set rules for its banking sector that put it at a disadvantage ...
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UBS boss Ermotti:
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