HALISTER1: UBS Charged With Money Laundering, Fiscal Fraud in Belgium

UBS Charged With Money Laundering, Fiscal Fraud in Belgium

(Bloomberg) -- Investigating judge Michel Claise charges Swiss bank UBS with money laundering and organized fiscal fraud, according to e-mailed statement from Brussels prosecutor’s office.
  • UBS also accused of illegally exercising profession of financial intermediary as it approached Belgian clients directly rather than through Belgian unit
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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