Justice Department Announces Four Banks Reach Resolutions Under Swiss Bank Program

The Department of Justice has announced that Luzerner Kantonalbank AG (Luzerner), Habib Bank AG Zurich (HBZ), Banque Heritage S.A. and Hyposwiss Private Bank Genève S.A. (Hyposwiss Geneva) have reached resolutions under the department’s Swiss Bank Program.   These banks will collectively pay penalties totaling more than $25 million and continue…