Politics
Bloomberg, a leading business news agency, published an article on January 16, entitled "UBS Wins as Credit Suisse Money-Laundering Probe Axed" based on the letter of Geneva's top financial prosecutor Yves Bertossa, who had said that the legal dispute between the Swiss UBS Group, which has taken over the failed Credit Suisse last year, and Georgian tycoon Bidzina Ivanishvili should be closed, because the "investigation failed to find evidence of "any money laundering acts" by Patrice Lescaudron or third parties within the firm