A former UBS AG (UBSN.S) banker who helped U.S. authorities prosecute the Swiss bank in a tax fraud case has asked for permission to travel to France to comply with a subpoena in another investigation of the company, according a court document.
France's finance minister said on Friday Paris had not restricted the use of HSBC (HSBA.L) client data it passed on to UK authorities to help pursue tax evaders, contradicting comments by a senior British official.
The Bank of England may look into allegations that Europe's biggest bank HSBC helped clients to avoid paying tax, a top BoE official said on Friday.
Alibaba Group Holding Ltd Executive Chairman Jack Ma urged employees to relax about U.S. lawsuits against the firm over possible failure to disclose information to investors, in a letter to staff posted on his official microblog on Friday.
