Former UBS Group AG’s wealth management for Western Europe Dieter Kiefer leaves the Paris courthouse in Paris. Photo: AP Photo

Swiss bank UBS handed record €3.7 billion fine by French court for helping clients hide billions in taxes

  • The National Financial Prosecutor’s office said the bank and its directors ‘were perfectly aware that they were breaking French law’
Topic |   Banking & Finance

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Former UBS Group AG’s wealth management for Western Europe Dieter Kiefer leaves the Paris courthouse in Paris. Photo: AP Photo
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