Midweek Roundup: North Korean Nuclear Test Draws Sanctions Threats, U.K. Reportedly Drops HSBC Case, and More

The United Nations and U.S. lawmakers are weighing new sanctions against North Korea following the government's claim Wednesday to have detonated a nuclear bomb, Reuters reported. Weapons experts believe North Korean officials may have exaggerated the power of the weapon. More Geneva-based Union Bancaire Priv?©e will pay the United States $187 million and turn over data on its American clients and cross-border transactions as part of a non-prosecution agreement settling allegations that the bank facilitated tax evasion, in part through masking illicit transfers as fictitious donations and the trade of precious metals. More HSBC officials disclosed that they severed their...