Friday, September 19, 2014

Swiss regulator initiates insolvency proceedings Banque Privée … – LUSA

Swiss regulator initiates insolvency proceedings Banque Privée … – LUSA

“The September 19, 2014 the Swiss Financial Market Supervisory Authority (FINMA) has begun insolvency proceedings against Banque Privée Espírito Santo. FINMA The sensed that the bank, which is in voluntary liquidation since July 2014 was over-indebted, “the regulator said in a statement.

PD // MSF

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