US Treasury to cut off Swiss bank MBaer for alleged $100M Russia & Iran money laundering. https://english.mathrubhumi.com/news/world/us-treasury-ban-mbaer-merchant-bank-swiss-russia-iran-money-laundering-2026-ye9lq2o0?utm_source=dlvr.it&utm_medium=mastodon #USIranTensions #USRussia #ustressury #SwissBanks
#Switzerland, #Swiss #banks, continue to prosper as #sanctioned #Russians flee to #SwissBanks for easier sanctions dodging, aided and abetted by Swiss banks, who should all be #sanctioned. "Swiss Neutrality" just means, "we'll store the money of whoever's worried about war crimes trials later."
https://www.straitstimes.com/world/europe/rich-russians-still-transferring-cash-to-swiss-bank-accounts-investigation-shows
