Financial Transparency Coalition

BBC News -- The head of Zambia's anti-corruption task force, Maxwell Nkole, has been removed one week after the acquittal of former President Frederick Chiluba.

ZURICH (Dow Jones)--Swiss private bank Wegelin & Co. said Tuesday it is telling American clients to exit U.S. securities given heightened Internal Revenue Service scrutiny of tax dodgers.

Bloomberg -- If he had kept his mouth shut and his head low, Bradley Birkenfeld would be a free man today. He didn’t, so now the former UBS AG banker wears an electronic bracelet on his ankle and, beginning in January, will spend three years and four months in a federal penitentiary.

Switzerland continues to enjoy an excellent image abroad based on stereotypes about the country, according to a study issued on Tuesday.