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US hands Swiss bank red card in FIFA bribe scandal

US hands Swiss bank red card in FIFA bribe scandal
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

US hands Swiss bank red card in FIFA bribe scandal

US hands Swiss bank red card in FIFA bribe scandal
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Two former Julius Baer CEOs reprimanded following money laundering inquiry

Article content ZURICH Two former CEOs of private bank Julius Baer were reprimanded on Thursday by Switzerland’s financial regulator after an inquiry into money laundering in Venezuela and corruption at soccer’s world governing body FIFA. Regulator FINMA did not name the executives but former Chief Executive Boris Collardi, now a partner at Geneva wealth manager Pictet, and his successor Bernhard Hodler, confirmed they had received written reprimands. We apologize, but this video has failed to load. Try refreshing your browser, or Two former Julius Baer CEOs reprimanded following money laundering inquiry Back to video “Although mistakes were made in the case of the two reprimanded managers, there are not sufficient indications of direct, causal responsibility for the serious violation of supervisory law,” regulator FINMA said in a statement.

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