Weekly Roundup: EU to Renew Russia Sanctions, Billionaire Adelson Accused of Criminal Ties, and More

The decision by BNP Paribas and two other financial institutions to join the U.S. Justice Department's Swiss bank program increases pressure on other firms to settle with American authorities, Bloomberg said. The French lender paid $59.8 million to settle tax evasion allegations as part of the program, which has given American investigators fresh insights into Switzerland's banking sector. More French police raided the home of politician Jean-Marie Le Pen as part of an investigation into suspected money laundering and tax evasion through bank accounts in the British Virgin Islands, Switzerland and the Bahamas, Daily Sabah reported. More A government watchdog...