Raoul Weil, the fugitive former head of UBS AGs global wealth management business, was arrested in Bologna after checking into a hotel under his own name and triggering an alert to Italys authorities.
Weil, 53, was arrested at I Portici Hotel Bologna at 1:45 a.m. on Oct. 19 and taken to the citys Dozza prison, a Bologna police spokeswoman said today. Weil declined to comment through his lawyer, Aaron Marcu of Freshfields Bruckhaus Deringer LLP.
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