UBS pays 1.1-billion-euro bail in France for tax fraud
Swiss banking giant UBS has made a 1.1-billion-euro ($1.4 billion) bail payment for allegedly helping rich French clients to hide money in Switzerland, a lawyer for the firm said Tuesday.
Sep 30, 2014, 22:18 PM ISTTax fraud drains potential from Romanian economy: Analysts
Tax evasion is eating away at the heart of Romania and holding back the country, among the poorest in the European Union, in its efforts to catch up, analysts warn.
Aug 24, 2014, 15:16 PM ISTUBS charged with tax fraud in France: Judicial source
Swiss bank UBS was on Wednesday charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland, a judicial source said.
Jul 23, 2014, 23:16 PM IST