US moves to cut off a Swiss bank over alleged Iran and Russia money flows - AP News
business 2026/02/26 17:00:00

US moves to cut off a Swiss bank over alleged Iran and Russia money flows - AP News

Source:Associated Press
Author:Fatima Hussein

The U.S. Treasury is moving to cut a small Swiss bank off from the U.S. financial system over alleged illicit ties to Iran and Russia. Treasury’s Financial Crimes Enforcement Network proposed a rule on Thursday that blocks U.S. banks from doing business with …