UBS Agrees to Pay Millions and Open Secret Records

The Switzerland bank agrees on settlement with U.S. government. – UBS has agreed to pay the U.S. government millions and disclose secret banking records amidst conspiracy allegations. As reported by the Associated Press (AP), the Switzerland based bank giant is set to pay the U.S. $780 million and open secret records, after being accused […]

Swiss Bank UBS AG Sued by U.S.

The U.S. government has filed a lawsuit against the largest bank in Switzerland. – The United States government has filed a lawsuit against UBS AG in an effort to get the large Switzerland bank to disclose financial information on American customers. As reported on, the government has alleged that over 50,000 Americans have […]