Former Swiss bank lobby chief convicted of bribery and money laundering

Reported by Mercedes Ruehl (Excerpt shared below. To read full report, go to: https://www.ft.com/content/700806be-ecba-4c0b-92a9-cc32d7feded4?syn-25a6b1a6=1) Pierre Mirabaud, a former senior partner of the Geneva private bank that bears his family name, was handed a two-year suspended prison sentence by Switzerland’s Federal Criminal Court in Bellinzona on Tuesday. Mirabaud was president of the Swiss Bankers Association from 2003 […]

Huawei heads to trial in US over its business dealings in Iran

Reported by Karen Freifeld (Excerpt shared below. To read full report, go to: https://www.reuters.com/legal/litigation/huawei-heads-trial-us-over-its-business-dealings-iran-2026-09-08/) Eight years after U.S. prosecutors secretly charged China’s Huawei Technologies with defrauding HSBC (HSBA.L) and other banks over its business with Iran, the case ‌is finally heading for trial. Huawei also faces charges for conspiring to steal trade secrets from five U.S. technology […]