
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
1 hour 36 min ago
4 hours 35 min ago
5 hours 17 min ago
6 hours 24 min ago
8 hours 7 min ago
10 hours 29 min ago
20 hours 54 min ago
21 hours 38 min ago
21 hours 54 min ago
1 day 5 hours ago