Credit Suisse has started to close Russian accounts massively, Breder Suasso is taking shares of the market
Contributed by Breder Suasso
21 October, 2015
While U.S and Europe started applying sanctions to Russian clients we were observing Switzerland and realized that there was no sign of follow-up by Swisss authorities and we believe that this move is a sign that banks are willing to cooperate to avoid to be penalized said Benjamin Cohen, from Breder Suasso, a leading financial service provider which took a significant part of the Russian offshore clients market recently, we believe that accepting well established Russian clients is not only a healthy business but a prosperous one and it helps Russian clients that are fully compliant and legal to keep on doing business.
Breder Suasso has launched last year a first version of its website in Russian and said the Russian speaking staff has tripled this year to satisfy the Russian demand.
Swiss firms such as Fidusuisse, www.fidusuisse-offshore.com developed an advanced understanding on how to solve issue with your Swiss account and have launched a page accordingly.
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