Too Big to Indict?

Attorney General Eric Holder told Congress earlier this month that the size of a banking firm would lead the Justice Department to refrain from bringing criminal charges against the bank.  Speaking about the banking giant HSBC among others, the Attorney General said that some of the institutions had become so large that bringing a criminal […]

U.S. and Switzerland Deal to Reveal Clients Suspected of Tax Evasion

Swiss law makers approved a deal between Swiss and American authorities that will pave the way for Swiss banks to provide U.S. prosecutors with account information on thousands of suspected tax cheats. The agreement grew out of a law suit by the United States against Swiss banking giant UBS to gain the identity of undisclosed […]