UBS, Pictet Supplier Denies Ransom Payment Amid Scrutiny

UBS, Pictet Supplier Denies Ransom Payment Amid Scrutiny
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A key supplier to UBS and Pictet faces allegations of ransom payments, which its lawyer denies. The controversy puts the reputation of Chain-IQ and its founder Claudio Cisullo under scrutiny.

  • Chain-IQ, a supplier to UBS and Pictet, denies ransom payment allegations.
  • Founder Claudio Cisullo faces scrutiny due to his dual role in finance and media.
  • The case raises questions about corporate governance in Swiss financial circles.
Related Tags: UBS Group AG
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