IAI Review.org » Alternative Investments, Family Office and Wealth Management » Ubs, Tax Evasion. The end of private banking in Switzerland?
Ubs, Tax Evasion. The end of private banking in Switzerland?
Switzerland has not yet handed over data on clients of UBS to the U.S. authorities as part of a probe into possible tax evasion among wealthy bank customers, a government spokesman was quoted as saying on Sunday.
However, the Swiss government does not know how many UBS customers may have handed over their details to the U.S. tax authorities, Justice Ministry spokesman Guido Balmer told local news agency SDA.
In any case the industry of wealth management, family office and private banking in Switzerland is severe damaged buy all this Ubs’staff.
It is in : Alternative Investments, Family Office and Wealth Management · Tags: switzerland, tax fraud, ubs, usa













