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1974 (52 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know East-West United Bank
Company Information
Get to know East-West United Bank
Founded in 1974 in Luxembourg, East-West United Bank (EWUB) positioned itself as a financial bridge between Western Europe and the markets of Russia and the Commonwealth of Independent States (CIS). As a subsidiary of the Russian conglomerate Sistema PJSFC, the bank provided a range of bespoke financial services, including private and corporate banking, wealth management, custody, and transaction services for high-net-worth individuals and corporate clients. Due to the impact of international sanctions imposed following the 2022 Russian invasion of Ukraine, the bank faced significant operational difficulties, leading to the withdrawal of its banking license by the European Central Bank and a court-ordered judicial liquidation in March 2023.
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