UBS has failed to persuade the European Court of Human Rights to overturn an order that it must post 1.1 billion euros ($1.17 billion) bail in a French case about whether it helped clients avoid tax.
The Strasbourg court said on Thursday it had unanimously rejected UBS's application to challenge the order.
"The Court held that the security required constituted an interim measure which did not prejudge the outcome of the proceedings and that the amount had been assessed by the domestic judges," the ECHR said in a statement, adding that the decision is final.
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European court rejects UBS appeal against bail in French tax case
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