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Ex-UBS banker gets prison break

Thumbs Up At Desk

A former UBS banker who pleaded guilty to conspiring to defraud the United States by helping wealthy Americans evade taxes was sentenced to five years of probation by a U.S. judge on Tuesday.

BofA retained to sell the Los Angeles Clippers

Bank Of America Building

Bank of America has been retained to sell the Los Angeles Clippers, whose owners face a June 3 deadline to reach a sale agreement or risk the team being taken from them by the National Basketball Association, two people with direct knowledge of the situation said.