FNG has learned that Swiss online neobank / neobroker FlowBank is no longer processing any new client applications, and has halted client onboarding, after Swiss financial regulator FINMA’s decision to begin bankruptcy proceedings against FlowBank, a story which FNG broke earlier today. While FlowBank’s main website (at flowbank.com) remains up, its “Open an Account” page now carries the following “Under maintenance” message: In our efforts to continuously improve our platforms, we are currently under maintenance. At this time the FlowBank onboarding will be unavailable. If you wish to open your account during this ... (full story)