
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
2 hours 32 min ago
3 hours 20 min ago
4 hours 6 min ago
4 hours 16 min ago
4 hours 21 min ago
4 hours 27 min ago
5 hours 11 min ago
7 hours 2 min ago
19 hours 17 min ago
20 hours 25 min ago