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US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties - Reuters

US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties - Reuters

US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties Reuters

February 26, 2026 at 02:34 PM Original source
6 agencies covered this story

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Notable Quotes

"MBaer has funnelled over a hundred million dollars through the US financial system on behalf of illicit actors tied to Iran and Russia."

— Scott Bessent , Executive

"MBaer has funneled over a hundred million dollars through the U.S. financial system on behalf of illicit actors tied to Iran and Russia."

— Scott Bessent , Executive

"MBaer has funneled over a hundred million dollars through the U.S. financial system on behalf of illicit actors tied to Iran and Russia."

— Scott Bessent , Executive

"The U.S. announcement was a strategic signal not to help the U.S.' enemies."

— Michael Levi , Academic

All Coverage

US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties - Reuters
Reutersvia rss

<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxOeDZSWGFKTXhfbHBBbENRU2N0VW8tLTRyaEpyQWV0cDJiMS1CQ09fTjNraVpxMU5NOExqUUtVNzB6MFFYR3VZNmdOSzdkbWpybHN1Y2RycXZ5OGRXT05MMzg4U3NYMlE4REVTQkJYMUJxSno1QlItN1NHdTRUaDhOQjd2UGFmdnpoMFVMSWFuX2V0d3ZFcFRycTZPUmxvNmdnSldNS21OcURIRDB5a2dPeTRPbTdTeUlvcXRZYVdiTVdIcDh5VmktM09rSFk?oc=5" target="_blank">US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

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Reutersvia ai

The U.S. Treasury Department proposed a rule to sever MBaer Merchant Bank AG's access to the U.S. financial system, alleging support for illicit actors linked to Iran and Russia.

80%
US threatens to cut off Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela ties
AOLvia ai 2 quotes 2 persons

The U.S. Treasury proposed a rule to sever MBaer Merchant Bank AG's access to the U.S. financial system, alleging support for illicit actors linked to Iran, Russia, and Venezuela.

80%
Newsmaxvia ai

The U.S. is moving to sever a small Swiss bank from access to the U.S. financial system for its alleged support for Iranian and Russian actors.

80%
US proposes severing Swiss bank from financial system over alleged Iran, Russia links
Al-Monitorvia ai 1 quote 1 person

The U.S. Treasury Department proposed a rule to sever MBaer Merchant Bank AG's access to the U.S. financial system, alleging support for illicit actors linked to Iran and Russia.

80%
US proposes severing Swiss bank from financial system over alleged Iran, Russia, Venezuela links
The Straits Timesvia ai 1 quote 1 person

The U.S. Treasury Department proposed a rule to sever MBaer Merchant Bank AG's access to the U.S. financial system, alleging support for illicit actors linked to Iran, Russia, and Venezuela.

80%