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UBS Tax Penalty More Than Halved to €1.8bn

UBS Tax Penalty More Than Halved to €1.8bn

UBS has been ordered by a French appeals court to pay €1.8bn regarding a tax evasion case. in 2019, UBS was found guilty of helping rich clients evade paying tax post which the court ordered a €3.7bn fine and an additional €800m in damages. UBS appealed against it...
UBS Tax Penalty More Than Halved to €1.8bn

UBS Reports Solid Q2 Earnings

UBS reported a 63% rise in net profits YoY to $2bn in Q2, beating expectations of $1.34bn. Pre-tax profits rose across all geographies with the CEO saying, “Momentum is on our side and our strategic choices and initiatives are paying off…We have no intention of...
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