
Switzerland's largest bank, UBS, has asked a US court not to go ahead with a tax case involving more than 50,000 US customers with Swiss accounts.
UBS told a federal court in Florida it would violate Swiss laws on banking secrecy if it provided the information on its clients.
The US suspects 52,000 Americans of using UBS accounts to hide almost $15bn of assets and unpaid taxes.
Recent comments
7 hours 30 min ago
7 hours 37 min ago
7 hours 42 min ago
11 hours 20 min ago
15 hours 17 min ago
20 hours 4 min ago
1 day 4 hours ago
1 day 10 hours ago
1 day 11 hours ago
1 day 11 hours ago