Midweek Roundup: Whistleblower Says Banks Aiding Tax Evaders in Latin America, Germany Weighs New Terror Finance Controls, and More

Tensions between the U.S. Justice Department and Swiss officials over a broad tax evasion settlement may ease this year, according to Swiss Finance Minister Eveline Widmer-Schlumpf. Talks with the American authorities had been "very constructive," quoted the minister as saying. More Whistleblower St?©phanie Gibaud, who helped the French government initiate a tax evasion case against UBS AG, contends that the bank and other financial institutions turned to helping wealthy clients in Latin America hide their assets in the wake of U.S. and EU crackdowns on Switzerland. Gibaud will soon testify before Argentina's Bicameral Commission on the issue, according to...