ZURICH (Reuters) -The Swiss Attorney General's Office has handed a former wealth manager at Pictet Bank a six-month suspended prison sentence and fined the private bank for money laundering in a ...

The Geneva-based bank Pictet has been fined CHF2 million for shortcomings in its organisation which enabled a former asset manager to commit serious money laundering.

According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between 2008 and 2014.

SIX, Banque Pictet & Cie SA announced the conclusion of a joint pilot project, tokenizing corporate debt instruments, ...

Banque Pitet Enters Into Deferred Prosecution Agreement For Undisclosed Accounts and PPLI Deals, Pays $122.9 Million, And Agrees To Cooperate In Investigations ...

Pictet Alternative Advisors has been “swamped” with co-investment opportunities in the US and Europe since the late summer, Thibaud Roulin, head of North America, private equity, told PE Hub.

ZURICH (Reuters) -The Swiss Attorney General's Office has handed a former wealth manager at Pictet Bank a six-month suspended prison sentence and fined the private bank for money laundering in a ...

Switzerland fines Pictet for money laundering, sentences former employee. By Reuters. June 18, 2025 9:57 AM UTC Updated June 18, 2025 ... Pictet was ordered to pay 2 million Swiss francs ...

ZURICH (Reuters) -The Swiss Attorney General's Office has handed a former wealth manager at Pictet Bank a six-month suspended prison sentence and fined the private bank for money laundering in a ...

ZURICH (Reuters) -The Swiss Attorney General's Office has handed a former wealth manager at Pictet Bank a six-month suspended prison sentence and fined the private bank for money laundering, the ...