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UBS French tax evasion appeal: what s at stake

UBS French tax evasion appeal: what s at stake UBS disputes a court verdict that it deliberately targeted French tax cheats. © Keystone / Ti-press / Alessandro Crinari UBS shareholders will be closely watching the bank’s appeal against a €4.5 billion (CHF4.9 billion) tax evasion penalty in France. It is equally of interest to anti-corruption campaigners, who contend that tough sanctions are the only way to clean up the financial system. This content was published on March 8, 2021 - 09:00 March 8, 2021 - 09:00 Matthew Allen When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch s business correspondent can be found playing cricket on various grounds in Switzerland - including the frozen lake of St Moritz. 

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