GENEVA: The deal initialled last week between the United States and Switzerland over UBS will involve the disclosure of around 5,000 holders of secret Swiss accounts. The landmark deal, ending a dispute in which the US tax authorities had sued UBS to disclose 52,000 US clients suspected of tax evasion, … Continue reading
ZURICH – Swiss bank UBS (UBSN.VX)(UBS.N) was braced on Friday for a high-stakes trial in the United States next week that could force it to reveal secret client data, as a last-minute deal remained elusive. It was unclear whether UBS, one of the world’s largest wealth managers, could reach a … Continue reading
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