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SocGen said to face SFO probe

Societe General Sign

The U.K. Serious Fraud Office sought documents as part of a “pending” probe into a dispute between Societe Generale and the Libyan Investment Authority, days after the bank agreed to pay $1.06 billion to resolve a related civil-bribery lawsuit.

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Reuters - UBS sued for libel by whistleblower

A former UBS banker who as a whistleblower helped U.S. authorities prosecute the Swiss bank for tax fraud, only to spend 2-1/2 years in prison for helping a billionaire client evade taxes, on Monday filed a $20 million libel lawsuit against his former employer.

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