News
Julius Baer’s Monaco arm fined €1.5m over money-laundering failings
Julius Baer’s Monaco wealth arm has been fined €1.5 million for serious anti-money-laundering failings, the latest sanction as Monaco’s regulator steps up enforcement to exit the FATF grey list.
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Credit Suisse Monaco sale complete
J. Safra Sarasin Group has announced the successful completion of the acquisition of Credit Suisse (Monaco) SAM as of January 13, 2017. This transaction strengthens J. Safra Sarasin Group’s...
Diplomatic relations with Tajikistan
The Principality and the Republic of Tajikistan have established diplomatic relations. A joint communiqué to that effect was signed by HE Mr Claude Cottalorda, Ambassador of Monaco in France, and by...
“Can do better,” admits rail chief
The head of France’s SNCF has told his colleagues that the national train service operator can “do better” in 2017. His comment came in a video in which he wished his fellow railwaymen the best...
Tobacco sales down slightly
The number of cigarettes sold in France in 2016 fell by 1.2 percent to 44.92 billion. In value, the drop was 1.1 percent to €15.17 billion, according to figures from Logista France. With a price...
French rail chief in Monaco for talks
Mr Guillaume Pepy, Chairman of the Board of French train operator SNCF, was in the Principality on Friday, January 13, 2017, for an important...