Wealth and Asset Management
Swiss banks harbor up to $213bn in Russian offshore cash
Wealthy Russians have stashed up to $213bn in Swiss banks, according to the country’s financial industry association. In a rare glimpse into Switzerland’s secretive banking system, the Swiss Bankers Association (SBA) told Reuters it estimated that between 150 billion and 200 billion Swiss francs ($213bn) of Russian money is held…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Citywire