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mirabaud faces upheaval amid financial violations and leadership changes
The Geneva-based private bank Mirabaud has faced significant upheaval, including the resignation of Yves Mirabaud from the Board of Directors amid a money laundering scandal linked to a deceased client, Robert Brockman. The bank has also discontinued its equity research and reshuffled its leadership, with Guillemot taking over as Chairman. Following sanctions from FINMA for serious violations of financial market law, Mirabaud is working to strengthen its governance and compliance measures.
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