Midweek Roundup: U.S. Probes UBS Again for Tax Violations, Silk Road Chief Found Guilty of Money Laundering, and More

The United States is again investigating UBS AG for allegedly helping wealthy Americans dodge their tax obligations, The Wall Street Journal reported Wednesday, citing unnamed sources. Federal prosecutors in Brooklyn are weighing evidence gathered with the FBI on the potential misuse of bearer shares by the Swiss bank. More The Royal Bank of Canada (RBC) is closing its wealth management offices in Brazil, Chile and other South American nations in response to regulatory probes of its anti-money laundering practices in at least three countries, The Wall Street Journal reported Monday, citing anonymous sources. The bank is also closing its wealth...