Carl Levin

• Swiss bank accused of helping US clients evade taxes

  Switzerland's second largest bank, Credit Suisse, used elaborate measures to find wealthy clients and help an estimated 19,000 US customers evade American tax authorities, a scathing report from a Senate inquiry said Tuesday.

• JPMorgan, other banks tinker with risk models

  In 2011, senior executives at JPMorgan Chase & Co told one of the bank's trading and hedging groups to scale back its riskier positions as new regulations would make these bets much more expensive to maintain.

• Ex-JPMorgan exec Ina Drew declines to be harpooned by 'whale' losses

  Ina Drew, the former JPMorgan Chase & Co executive, who earned millions while in charge of the unit that made the disastrous "London whale" trades, on Friday refused to accept responsibility for the $6.2 billion in losses revealed last year.

• JPMorgan misled investors, circumvented rules: US Senate report

  JPMorgan Chase & Co ignored risks, misled investors, fought with regulators and tried to work around rules as it dealt with mushrooming losses in a derivatives portfolio, a US Senate report alleged in a damning review of the largest US bank's management.

• JPMorgan execs, but not CEO Jamie Dimon, to testify on 'whale' trade

  Current and former top executives of JPMorgan Chase & Co will appear before a Senate panel on Friday to testify about the multibillion dollar "London Whale" trading loss, but Chief Executive Jamie Dimon will not be a witness.

• India staff criticised in probe into HSBC money-laundering: Report

  HSBC's staff in India has come under the scanner for deficiencies in its role as "offshore reviewers" of the global banking giant's compliance to safety mechanism against money laundering and terrorist financing.

• US report says HSBC handled Iran, drug money

  The Senate probe provides a rare look at how HSBC responded when confronted with numerous cases of suspect money flows.