US Probing Whether Credit Suisse, UBS Aided Russia To Evade Sanctions - Reports

Muhammad Irfan Published March 24, 2023 | 01:50 AM

US Probing Whether Credit Suisse, UBS Aided Russia to Evade Sanctions - Reports

WASHINGTON (UrduPoint News / Sputnik - 24th March, 2023) The US Justice Department is investigating whether Credit Suisse, UBS and other banks helped Russian businessmen evade the United States-imposed sanctions against Russia, Bloomberg reported on Thursday.

The report said the investigation began before UBS proposed to take over Credit Suisse, which was on the verge of collapsing.

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