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UBS Group AG building in St. Gallen.UBS maintains strict banking secrecy practices which have been used to facilitate tax evasion. The Swiss investment bank and financial services company, UBS Group AG, has been at the center of numerous tax evasion and avoidance investigations undertaken by U.S., French, German, Israeli, and Belgian tax authorities as a consequence of their strict banking ...
Raoul Weil (born 13 November 1959) is a Swiss banker.Weil is best known as being the former chairman and chief executive officer of Global Wealth Management & Business Banking at UBS AG.
The investigation estimated the amount of tax income lost to UBS-controlled offshore accounts at €600 billion. [251] In July 2014, the bank was required to post a bond of 1.1 billion euros, which UBS complied with while making multiple appeals in the French court system, finally losing its appeal at the Cour de Cassation , France's highest ...
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UBS Group AG (NYSE:UBS) shares are trading higher after the bank disclosed that it would split its top wealth management role to streamline its executive board. UBS announced several changes to ...
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