Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / Taxes

UBS bank secrecy case is settled

August 01, 2009|TIMES WIRE REPORTS

Days before a high-stakes trial, the U.S. and Swiss governments said they had reached a settlement in the U.S. effort to get names of thousands of wealthy Americans suspected of evading taxes by hiding billions of dollars with Swiss banking giant UBS.

Both governments and UBS said details would remain confidential until a written settlement was finalized, probably within the next week.

Advertisement
Los Angeles Times Articles
|
|
|