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Prosecutors said to recommend UBS face tax trial

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French prosecutors are recommending that UBS and its French unit face a criminal trial over allegations it helped clients evade taxes following a probe that caused the bank to post a $1.2bn bail to cover a potential penalty, according to a person familiar with the matter.

Ex-UBS manager avoids jail

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A former Swiss banker who pleaded guilty to aiding Americans hide money from U.S. tax authorities was sentenced to five years probation and fined $150,000 in a West Palm Beach federal court on Monday, his lawyer said.

Ex-UBS wealth head cleared of tax conspiracy

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Raoul Weil, who once ran UBS's global wealth-management business, was cleared at trial of tax conspiracy despite the bank’s historic admission in 2009 that it helped thousands of U.S. clients abuse Swiss bank secrecy to cheat the Internal Revenue Service.

Ex-UBS head knew nothing of 'rogue' bankers

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Raoul Weil, once the head of UBS’s global wealth-management business, didn’t know that 'rogue' underlings were helping Americans evade taxes, his lawyer told jurors at the start of a trial in Florida.

UBS banker goes on trial

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UBS' Raoul Weil, who goes on trial in Florida on Tuesday, is accused of helping wealthy Americans evade millions in taxes.

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Prosecutors said to recommend UBS face tax trial

French prosecutors are recommending that UBS and its French unit face a criminal trial over allegations it helped clients evade taxes following a probe that caused the bank to post a $1.2bn bail to cover a potential penalty, according to a person familiar with the matter.

Tax & Business Calculator

Ex-UBS manager avoids jail

A former Swiss banker who pleaded guilty to aiding Americans hide money from U.S. tax authorities was sentenced to five years probation and fined $150,000 in a West Palm Beach federal court on Monday, his lawyer said.