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World news about “UBS” published by euronews.

10/02 13:29 CET

UBS reveals new potential tax fraud scandal

UBS reveals new potential tax fraud scandal

Swiss bank UBS has revealed that the authorities in the United States are investigating securities that it sold to wealthy clients which may violate US tax law. The probe is focused on so-called 'bearer bonds' which can be transferred without registering ownership, enabling the…