Swiss

  • The Swiss financial markets watchdog said Friday that Sberbank, one of Russia’s largest banks, is selling its Swiss subsidiary, which had come under pressure because of international sanctions on Russian interests over the invasion of Ukraine. Sberbank (Switzerland) AG, which focuses on trade finance in commodities, was already facing liquidity problems after the first round…

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  • President Donald Trump’s latest immigration ban on seven Muslim-majority countries is causing troubles around the world, and making a political mess of his new administration. The U.S. says there’s a purpose for the decree – to exterminate “radical Islamic terrorists.” In his official statement, the 70-year-old said he will give Christians a priority in his…

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