Bradley Birkenfeld, the former UBS banker who provided the Internal Revenue Service with evidence that the Swiss bank was helping U.S. citizens evade taxes, will receive $104 million in a whistleblower award. Mr. Birkenfeld, who said he once concealed diamonds in a toothpaste tube on behalf of a client, was released from prison on Aug. 1 after serving part of a 40-month sentence after confessing that he had forgotten to blow the whistle on himself.

Deutsche Bank is lagging behind its European peers when it comes to meeting new regulatory capital requirements, according to Bloomberg. The bank may cut jobs and reduce pay ratios under a restructuring plan announced this week.

A German court paved the way for the European Central Bank to begin a new program to buy sovereign debt, dismissing a lawsuit that sought to delay the plan.

Two-thirds of economists polled by Bloomberg think that the Federal Reserve will announce a new round of bond purchases tomorrow.

More details in the plea agreement signed by Peregrine Financial Group founder Russell Wasendorf Sr., who faces up to 50 years in prison under a deal with prosecutors.

Zuck spoke; Facebook shares rose.

Plaintiffs say that private equity firms including KKR, Silver Lake Partners and Bain Capital colluded to tamp down prices on buyout deals, according to a complaint filed in Massachusetts Federal District Court. The New York Times went to court to get the documents, which Bain lawyers worried would get washed into the election news cycle.

No one in France believes Bernard Arnault, the Louis Vuitton chief and the country's richest man, when he says he'll keep paying taxes in France once he's received Belgian nationality, according to The Financial Times. French president François Hollande has promised to tax income above 1 million euros at 75 percent.

Ray Dalio isn't making friends in Stamford, Conn., says The New York Post, reporting that the Bridgewater founder ticked off locals with the surprise demolition of a boatyard to make way for the massive hedge fund's new waterfront headquarters.

Bill Ackman’s position in JCPenney has cost his hedge fund, Pershing Square, $900 million this year as shares fell 18 percent.

The government is investigating possible mortgage fraud at Residential Capital, the mortgage-lending unit of government-owned Ally Financial, Reuters reports. The Securities and Exchange Commission disclosed in court filings Monday that it had issued a formal order of investigation in February to probe ResCap's mortgage-bundling and underwriting practices. Ally, which is 74 percent-owned by the Treasury after a series of bailouts during the financial crisis, placed ResCap into bankruptcy proceedings in an effort to shed bad assets ahead of a potential IPO.

Barclays may face a criminal investigation into whether it properly disclosed details of a deal to raise capital with Qatar sovereign wealth funds during the financial crisis.

Morgan Stanley and Citigroup will allow more time for the appraisal of their joint-venture brokerage, Morgan Stanley Smith Barney. Investment bank Perella Weinberg was set to put a value on the JV this week, but will delay the decision until Sept. 10.

Prosecutors revised the indictment of Level Global Investors co-founder Anthony Chiasson and ex-Diamondback Capital Management portfolio manager Todd Newman, adding new counts of securities fraud pertaining to alleged insider trading in Nvidia Corp.

The Occupy movement isn't over "until the last person calls it quits and goes home, wherever home is," an organizer tells Bloomberg as the movement's Sept. 17 day of action approaches. This is proving to be the case in Hong Kong, where 10 or so protesters continue to hold out in HSBC headquarters.

Can Spain avoid Greece's vicious cycle?