| 18.11.2008 Opalesque Exclusive: Swiss Federal Banking Commission announces bankruptcy of Kaupthing’s Geneva branch |
| From the Opalesque team: The Swiss Federal Banking Commission (CFB) announced the failure of Kaupthing Bank Luxembourg SA’s subsidiary in Switzerland, following the group’s liquidity problems. On 9th October, the CFB adopted measures to protect Kaupthing’s clients and to clarify its financial situation. In the absence of serious projects of streamlining, and taking into account its significant |
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