Credit Suisse, UBS Among Banks Facing DOJ Russia-Sanctions Probe

The video discusses an ongoing probe into banks, including UBS and Credit Suisse, related to their dealings with Russian clients amid sanctions following the Ukraine invasion. The investigation, which began over a year ago, examines the banks' roles and the financial professionals who may have helped clients avoid sanctions. Credit Suisse held significant assets for Russian clients, more than UBS, highlighting their involvement. The probe aims to uncover any misconduct in these financial dealings.

What recent events have led to the probe involving UBS and Credit Suisse?

What are the implications of the sanctions imposed after the invasion of Ukraine?

How much money did Credit Suisse hold for Russian clients last year?

What role did UBS and Credit Suisse play in relation to wealthy Russian clients?

What is the focus of the probe mentioned in the text?