In a dramatic step, the U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over its alleged illicit ties to Russia and Iran.
U.S. Treasury proposes to sever a Swiss bank from the U.S. financial system over Iran, Russia links
In a dramatic step, the U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over its alleged illicit ties to Russia and Iran.
Last updated: April 3, 2026, 5:29 PM
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