Tags: Tax Evasion

Parliament was adjourned on the first day of a new session after opposition lawmakers demanded the resignation of leaders tainted by corruption allegations, deepening an impasse that has stalled the government's reform agenda.

French investigating magistrates have issued arrest warrants for three former Swiss managers at UBS in connection with their investigation into whether the bank helped tax dodgers, a judicial source told Reuters on Tuesday.

HSBC Holdings plc (HSBA.L) could see its 2012 deferred prosecution deal with U.S. authorities over anti-money laundering lapses reopened as a result of separate, ongoing probes into the bank's alleged role in manipulating currency rates and helping Americans evade taxes, a U.S. law enforcement official said on Monday.