Event Brief
U.S. Treasury Targets Swiss Bank Over Iran, Russia Links
Filed: Feb 26, 2026 at 10:04 AM ET
Summary: The U.S. Treasury proposes severing a Swiss bank from the U.S. financial system due to alleged ties to Iran and Russia.
WHO: U.S. Treasury Department
WHAT: Proposing to sever a Swiss bank from the U.S. financial system
WHEN: Feb 25, 2026 at 7:00 PM ET
WHERE: Switzerland
WHY: Alleged illicit ties to Russia and Iran
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