-
Raoul Weil, who once ran UBS AGs global wealth-management business, referred to accounts hidden by U.S. clients from the IRS as toxic waste, a witness at his tax-conspiracy trial said.
October 24 -
Martin Lack, the fourth ex-UBS AG banker to plead guilty to aiding wealthy Americans in evading taxes, avoided prison for a 17-year scheme in which he helped U.S. clients maintain secret overseas accounts.
May 28