Swiss Bank Program

  • Blog post

    Banks reach final resolutions under Swiss Bank Program

    2017-01-03T09:45:00Z

    The Department of Justice last week announced that it has reached final resolutions with banks that have met the requirements of the Swiss Bank Program, which provided a path for Swiss banks to resolve potential criminal liabilities in the United States, and to cooperate in ongoing investigations of the use ...

  • Blog post

    Two More Banks Reach Agreements Under Swiss Bank Program

    2015-09-28T09:15:00Z

    The Department of Justice last week announced that two more banks—Migros Bank and Graubündner Kantonalbank—have reached resolutions under the Department’s Swiss Bank Program, which provides a means for Swiss banks to resolve potential criminal liabilities in the United States. Migros will pay a $15 million penalty, and Graubündner will pay ...

  • Blog post

    Two More Banks Reach Agreements Under Swiss Bank Program

    2015-07-15T14:15:00Z

    The Department of Justice last week announced that two more banks— Banque Pasche and ARVEST Privatbank —have reached resolutions under the Department’s Swiss Bank Program, which provides a means for Swiss banks to resolve potential criminal liabilities in the United States. Banque Pasche will pay a $7.2 million penalty, and ...

  • Blog post

    Two More NPAs Reached Under Swiss Bank Program

    2015-06-19T14:15:00Z

    The Department of Justice today announced that two more banks—Bank Linth (Bank Linth) and Bank Sparhafen Zurich AG (BSZ)—have reached a resolution under the Department’s Swiss Bank Program, which provides a means for Swiss banks to resolve potential criminal liabilities in the United States. Bank Linth will pay a $4.1 ...

  • Blog post

    Société Générale to Pay $17.8 Million Under Swiss Bank Program

    2015-06-12T12:00:00Z

    The Justice Department announced that two more banks—Société Générale Private Banking and Berner Kantonalbank—have reached a resolution under the Swiss Bank Program, which provides a means for Swiss banks to resolve potential criminal liabilities in the United States. Société Générale will pay a $17.8 million penalty, Berner Kantonalbank a $4.6 ...

  • Blog post

    Finter to Pay $5.4 Million Under Swiss Bank Program

    2015-05-15T14:00:00Z

    The Department of Justice today announced that Finter Bank Zurich has reached a resolution under the Department’s Swiss Bank Program, which provides a means for Swiss banks to resolve potential criminal liabilities in the United States. Finter will pay a $5.4 million penalty in return for a non-prosecution agreement for ...