Swiss Bank UBS Could Face a Record-Breaking Tax-Evasion Fine
When the U.S. fined Credit Suisse Group (CSGN:VX) $2.6 billion in May, the Justice Department said it was the biggest penalty ever in a criminal tax-evasion case. That record could soon be shattered. France could impose a fine of €4.9 billion ($6.2 billion) on another Swiss bank, UBS (UBSN:VX), for… – Continue reading