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Pilatus bank sees license withdrawn by ECB, EU top court confirms

( February 8, 2024, 09:48 GMT | Official Statement) -- MLex Summary: Pilatus bank’s appeal of two decisions by the European Central Bank, concerning the withdrawal of Pilatus’ license after its owner was arrested under corruption charges in the US, has been definitely rejected by the European Court of Justice. The judgement confirms a 2019 ruling by the General Court, against which Pilatus Bank had appealed.The judgments are attached. Case references are C-750/21 P & C-256/22. ...

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