alt Hacker NewsWhy is this supposed to be surprising? These kinds of customers are a huge compliance burden for the bank, why should the banks keep doing business with customers that most likely cost them money?
Why is this supposed to be surprising? These kinds of customers are a huge compliance burden for the bank, why should the banks keep doing business with customers that most likely cost them money?
Because the Czech branch of the French bank operates under Czech not French laws. French rules don't have jurisdiction in Czechia.