economic sanctions


Swiss bank UBS to appeal after fined 4.5 billion euros in French tax fraud case

A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) ... Read More

Leading Swiss law firm heads for Tehran

In what is only the second opening of an international law firm in Iran since the 1979 Iranian revolution, a Swiss firm has opened its doors in Tehran. Swiss ... Read More

Iran Nuclear Deal Stokes Anxiety Among Its Rivals

Foes worry about how Tehran will use billions of dollars of unfrozen oil receipts Iran celebrated the removal of economic sanctions on Sunday, even as regional rivals warned that ... Read More
BNP Paribas is pictured on the building of the bank in Geneva

A record $9 billion penalty levied against BNP Paribas SA

A record $9 billion penalty levied against BNP Paribas SA for violating U.S. economic sanctions Terrorism Victims Seek Part of BNP Penalty Large contingency lost family or were injured ... Read More
German Chancellor Merkel

Further economic sanctions on Russia not planned, Merkel says

Germany’s Angela Merkel said on Tuesday there were no plans at present for further economic sanctions on Russia over Ukraine but she was unhappy that a ceasefire agreement was ... Read More
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