A former banker at Switzerland's biggest bank, UBS (UBSN.VX), has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office.
Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.
President Barack Obama will hash out a strategy to counter Islamic State on Tuesday with military leaders from some 20 countries including Turkey and Saudi Arabia amid growing pressure for the U.S.-led coalition to do more to stop the militants' advance.
Under pressure in Brazil's closest election race in decades, President Dilma Rousseff is centering her campaign around a familiar bogeyman - an 83-year-old former president associated with a more turbulent, elitist era.
