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Archive Home > 2008 > July > 18 > UBS to stop offshore services for U.S. clients

UBS to stop offshore services for U.S. clients


July 18, 2008

WASHINGTON — Faced with a federal investigation into its private banking practices, the Swiss banking giant, UBS, said Thursday that it would stop offering offshore banking services to clients in the United States. Mark Branson, chief financial officer of the UBS global wealth....

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