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Watchdog says about 15 Swiss banks in money laundering 'red zone': report

Monday, October 17, 2016 - 05:50

Vienna

ROUGHLY 15 Swiss banks are in a "red zone" of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on Sunday.

Swiss federal prosecutors last week said that they have opened criminal

sentifi.com

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