By Ilaina Jonas – Mon Jan 17, 2011 NEW YORK (Reuters) – Goldman Sachs will limit its private placement of shares of social networking site Facebook to investors outside the United States, citing “intense media coverage,” the investment bank said.   Goldman expects to raise $1.5 billion for Facebook, the wildly popular site used […]

By RAPHAEL G. SATTER, Associated Press  LONDON – A former Swiss banker on Monday supplied documents to WikiLeaks that he alleges detail attempts by wealthy business leaders and lawmakers to evade tax payments.   Rudolf Elmer, an ex-employee of Swiss-based Bank Julius Baer, said there were 2,000 account holders named […]

By Agency Reporter Monday, 17 Jan 2011 Switzerland’s Central Bank said it might have posted a record loss in 2010 as the euro’s slump eroded the value of its currency reserves. According to Bloomberg, the shortfall amounted to an estimated 21 billion Swiss francs ($21.8bn), the Zurich-based Swiss National Bank […]