Diabytes
SwissLeaks News
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Herve Falciani, the former HSBC employee whose disclosures uncorked the "Swissleaks" scandal on bank-supported tax evasion, was sentenced in absentia on Friday to five years in prison, Switzerland's ATS news agency said.
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British bank HSBC Holdings Plc admitted failings by its Swiss subsidiary in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets.
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The cache of files made public in the so-called SwissLeaks case included the names of celebrities, alleged arms dealers and politicians -- though inclusion on the list does not necessarily imply wrongdoing.
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