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Geneva trader faces EU sanctions over Russian oil dealings

A Geneva trader, Niels Troost, has been sanctioned by the EU for his involvement in Russian crude oil transactions through a Dubai subsidiary of Paramount Energy & Commodities SA, with asset freezes imposed. Troost, who denies the allegations, was previously sanctioned by the UK in February. In other news, negotiations between Switzerland and the EU are expected to conclude today, while ETH Zurich has fired professor Thomas Crowther following allegations of inappropriate behavior. Additionally, a report on the Credit Suisse crisis is set to be presented by the Parliamentary Commission of Inquiry.
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Russian Ruble Euro United States Dollar Credit Suisse Real Estate Fund Siat GBR RUS CHE FRA Joël François Mesot Robert Piguet Kevin Germanier Thomas Crowther Niels Troost Ursula von der Leyen Show more
Finance & Economy, News Article
07:03 20.12.2024
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