Tuesday, January 22, 2019

Fugitive banker still sought by Russia

Russia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of...

Suspected of fraud at Credit Suisse, banker arrested

A private banker working for Credit Suisse in Monaco has been arrested and remains in jail in the Principality on suspicion of stealing funds from...

KBL Monaco Private Bankers sold to Lebanese group

Société Générale de Banque au Liban (SGBL) has signed an agreement with Luxembourg-based KBL European Private Bankers to acquire two of its subsidiaries, including...

Monaco’s anti-money laundering software enhanced

The Information and Control Service of Financial Circuits has been working for many months on a Govt project to strengthen the security of the IT system.

CFM Indosuez Wealth Management sells fraction of Monaco business

UPDATED 4:30 pm: CFM Indosuez Wealth Management has sold a fraction of its business in the Principality of Monaco, namely clients resident in African...

HSBC shutting down Monaco private bank, clients to transfer to CFM...

HSBC is to wind down its Monaco private bank and will introduce clients to CFM Indosuez Wealth Management, the bank said on Wednesday. “It draws...

Second Graduation for CMB’s Academy for Women and Finance

Compagnie Monégasque de Banque (CMB) celebrated the second graduation ceremony of the Academy Women and Finance on March 27, at which all twenty participants...

Barclays named best private bank in Monaco

Barclays was named Best Private Bank in Monaco at the 2018 Global Private Banking Awards