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1. Swiss Ruling Muddles UBS Pact With U.S.

Author

Mollenkamp, Carrick and Suanders, Laura

Subjects
*BANK accounts, *BANKING industry, *FINANCIAL disclosure
Abstract

The article discusses implications of a Swiss court decision that ruled UBS AG need not release to the U.S. information on accounts held by U.S. citizens. The ruling contradicts a prior agreement under which UBS agreed to provide the U.S. Internal Revenue Service with the identities of over 4400 account holders.

Published
2010

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