Midweek Roundup: Switzerland to Clear Way for U.S. Data-Sharing, Former Guatemalan President Denies Laundering Charges, and More

Switzerland's Federal Council has proposed a law that would allow banks to disclose sensitive financial data to the United States as part of an effort to end a longstanding tax evasion row between the two nations. Under the plan, banks would not be allowed to share client names or account details, but they would be able to hand over specific details on their relationships with American customers. More A separate measure under consideration next month would allow the banks to identify their employees to U.S. investigators, reported Wednesday. More Former Guatemalan President Alfonso Portillo pleaded not guilty Tuesday to...