Latest Business News: Swiss Propose New Banks Deal

Now watching

Next video starts in : 7 Play

Latest Business News: Swiss Propose New Banks Deal

Latest Business News: Swiss Propose New Banks Deal
Replay video
Up next

If Ice Was Your Daddy: Coco Quizzes Ice-T On How He Would Discipline Kids

Unlock your personal NFL Now stream by signing in to NFL.com

Latest Business News: Swiss Propose New Banks Deal

by Wochit 0:56 mins

Latest Business News: Swiss Propose New Banks Deal

by Wochit 0:56 mins

Switzerland's cabinet agreed to a new plan for resolving disputes between the country's banks and U.S. authorities cracking down on offshore tax evasion, raising hopes the long-running dispute could be drawing to a close. Bank of New York Mellon Corp officers and directors won the dismissal of a shareholder lawsuit accusing them of shirking their duties by letting the bank overcharge clients for trading currencies. The number of lenders participating in an $8 billion loan to Alibaba Group Holding in advance of its much-anticipated initial public offering has grown to 22. The large number ? well above the 10 that?s common in Asia on loans of more than $5 billion ? shows the continued high interest in the company, which is expected to raise tens of billions of dollars in its IPO.

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security