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Weekly Roundup: Barclays Faces U.S. Penalty, FedEx Fights Money Laundering Charges, and More
printU.S. prosecutors will probably fine Barclays Plc upwards of $60 million for failing to comply with a 2012 non-prosecution agreement for participating in a scheme with five other global banks to rig the London interbank offered rate (Libor), but will stop short of cancelling the settlement as they are likely to do with UBS AG, Bloomberg reported Thursday, citing anonymous sources. More A federal judge Thursday ordered U.S. prosecutors to hand over documents that may show FedEx did not knowingly conspire with online pharmacies to deliver hundreds of millions of dollars of black market prescription drugs, and voluntarily assisted the...
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Switzerland will soon adopt a law to expedite the return of stolen assets held in Swiss bank accounts, India and Germany have agreed to enhance the exchange of tax-related information, and more, in this week's roundup.
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Weekly Roundup: FIFA Official Extradited, UniCredit to Settle Tax Investigation in Germany, and More
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