Citigroup mistakenly credited $81tn instead of $280 to a customer’s account last April and took several hours to reverse the ...

The Jelmoli department store on Zurich's Bahnhofstrasse has opened for the last time in its current form. On Friday evening ...

Investment bank Morgan Stanley must pay a fine of CHF1 million ($1.1 million) in Switzerland. A client adviser at the bank had engaged in qualified money laundering in 2010, the Office of the Attorney ...

The Swiss attorney general's office said on Thursday it had imposed a $1 million fine on Morgan Stanley's Swiss operations ...

T he foundation for much of what we now know as anti-money laundering (AML) originated in 1970 with a piece of U.S.

Since Morgan Stanley (Switzerland) GmbH has informed the OAG that it will waive its right to oppose the summary penalty order, this order has entered into force and can be inspected, respectively ...

Morgan Stanley’s Swiss unit was fined 1 million Swiss francs ($1.1 million) for failing to prevent the laundering of millions ...

Bank of America CEO Brian Moynihan signals the financial industry's shift toward the crypto economy, stablecoins potentially ...

Federal prosecutors are adding fresh criminal charges to their case against Adam Kaplan, a former financial advisor who was ...

The Bank of America CEO, speaking Tuesday, said the real issue behind the president’s de-banking jab was “over-regulation.” ...

Kyndryl Holdings, Inc. , the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner ...

Adam Kaplan who, along with twin brother Daniel Kaplan, was charged in 2023 with 16 counts, including wire fraud and money laundering, is facing additional counts connected to allegations that he ...