3 min read Last Updated : Sep 13 2024 | 9:17 AM IST The Adani Group issued a statement late on Thursday refuting claims made by New York-based short-seller Hindenburg Research. Hindenburg Research alleged that Swiss authorities had frozen over $310 million in multiple Swiss bank accounts as part of a money laundering and...
Tag: Swiss banks
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Adani Group denies Hindenburg comment on frozen funds in Swiss banks
The Adani Group has no involvement in any Swiss court proceedings, the company said. Photo: Shutterstock.com 3 min read Last Updated : Sep 13 2024 | 8:46 AM IST Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts as part of money laundering allegations into Adani Group, US-based...
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Swiss financial regulations not yet tough enough post-Credit Suisse: SNB
Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said. Photo: Reuters 3 min read Last Updated : Jun 20 2024 | 2:22 PM IST Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said on...