Regulatory27/07/2026
Lombard Odier announces appeal of first-instance Swiss court judgment
Lombard Odier →The Swiss Federal Criminal Court found organisational failings by Banque Lombard Odier in preventing money laundering by a former employee. The judgment was not final and the presumption of innocence continued to apply. The bank disagreed with the decision and announced its intention to appeal. This concerns the bank subsidiary and historical conduct, not an allegation against every group entity.