UBS Is Closing Down Accounts
U.S. Clients at Risk of Exposure
By David S. Hilzenrath, Washington Post Staff Writer
Swiss banking giant UBS, under investigation by the U.S. government for allegedly helping Americans hide money from the Internal Revenue Service, is closing thousands of accounts, putting clients at greater risk of being exposed, tax lawyers say.
UBS clients have been receiving calls and […]
UBS Executive Weil Charged by U.S. in Tax Conspiracy
By Carlyn Kolker and Ryan J. Donmoyer
Nov. 12 (Bloomberg) — A top UBS AG official was indicted by a U.S. grand jury on one charge of conspiring to help 20,000 wealthy Americans hide assets from the Internal Revenue Service to maintain a “profitable” business for the Swiss bank.
Raoul Weil, 48, chairman of global wealth management […]
-
Subscribe via RSS
-
BlogRoll
