A former executive with Swiss bank Julius
Baer pleaded guilty on Wednesday for his role in a
billion-dollar scheme to launder money embezzled from the
Venezuelan state-owned oil company PDVSA, the U.S.
Justice Department said.
Massachusetts Secretary of State
William Galvin, one of the most aggressive U.S. securities law
enforcers, next month will face his first primary challenge in
over a decade from a rival who claims Galvin has neglected his
role as the state's top election overseer.