On Friday the French arm of Swiss bank UBS was placed under formal investigation by judges carrying out a wide-ranging probe into allegations that it has enabled wealthy French nationals to evade paying tax in France on sums deposited in undeclared Swiss bank accounts. Mediapart has meanwhile seen evidence which suggests that, contrary to the bank's claims that any unlawful activities were carried out by a few individuals, some senior executives at the French subsidiary oversaw an organised system to record the opening of undeclared accounts. Dan Israel reports.
Managers were shown a motivational video featuring a parody in which Adolf Hitler is portrayed as the boss of rival Deutsche Bank.
Ministers hail it as model for the rest of Europe as critics say it falls short of president's campaign pledge to get tough with financial sector.
Agreement over new watchdog for lenders is key step towards goal of "banking union," the bedrock of a more closely-integrated European Union.
A man claiming to be an al Qaeda militant held four people hostage in a bank in Toulouse, where gunman Mohamed Merah killed seven in March.