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(Bloomberg) -- A clutch of ex-UBS Group AG bankers had their punishments cut on appeal as a Paris court slashed the penalty the Swiss bank had to pay for helping wealthy French citizens hide their money.
A Paris court is set to give a verdict on December 13 on Swiss bank UBS’s appeal against a French €4.5 billion tax evasion penalty.
A Paris court is set to give a verdict on December 13 on Swiss bank UBS’s appeal against a French €4.5 billion tax evasion penalty.
French judge asks Philippe Wick about assets his team managed as bank appeals against convictions related to money laundering
UBS Ex-Banker Unveils Long-Sought Number at Trial: $9.7 Billion Bloomberg 3/16/2021 Gaspard Sebag © Bloomberg The UBS Group AG logo outside a bank branch in Zurich, Switzerland, on Tuesday, Jan. 26, 2021. UBS plans to buy back as much as 4 billion francs ($4.5 billion) of shares over the next three years, bolstering shareholder returns after income from managing client assets and investment banking propelled gains at the world’s largest wealth manager. (Bloomberg) -- A Swiss-based team of UBS Group AG bankers that focused on French clients managed as much as $9.7 billio...