UBS Agrees to Pay $780 Million, Name Names in Settlement with U.S.
UBS, Switzerland’s largest bank, has agreed to settle charges of conspiracy to commit fraud against the U.S. and the IRS. UBS will pay $780 million and name names of some of its biggest clients. Raoul Weil of USB was recently declared a fugitive after failing to surrender to U.S. authorities on conspiring to help Americans shield assets from the IRS.




