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Weekly Roundup: Swiss Banks Served Blacklisted Russians, Cyprus Confidential Fallout Continues, and More

UBS, Credit Suisse and other Swiss banks continued serving 20 Russian oligarchs whom the West blacklisted following the Kremlin-ordered invasion of Crimea in 2014, Tages-Anzeiger reported, citing a cache of leaked records obtained as part of the "Cyprus Confidential" investigation. More Records from the Cyprus Confidential investigation indicate that a former economic minister of Luxembourg signed a "vague" consulting contract with a company controlled by two blacklisted Russian oligarchs days after Russia commenced a full-scale invasion of Ukraine in February 2022, Luxembourg Times. More The cache of leaked records separately mentions Austria's Raiffesein Bank International 5,000 times, ORF reported. More...

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