Credit Suisse freezes Russian assets worth over 19 billion USD

This was reported by Tages Anzeiger.

It is noted that Russian assets worth $8.1 billion have been officially frozen in Switzerland due to the war in Ukraine, but Credit Suisse has frozen assets worth another $19 billion.

More than $4 billion belong to persons who are sanctioned in Switzerland, and the rest belongs to the Russian Central Bank and the Russians who have been sanctioned in other countries. 

• Switzerland plans to cancel the ban on supplying Swiss-made weapons to Ukraine, although this would break centuries-old neutrality tradition.