UBS has announced that the bank will not take legal action against former general counsel Peter Kurer and ex-chairman Marcel Ospel, reports Corporate Counsel. The executives had faced allegations over whether they knew that employees of Switzerland's largest bank had helped US clients evade taxes.
December 16, 2009 at 07:42 AM
1 minute read
The original version of this story was published on Legalweek
UBS has announced that the bank will not take legal action against former general counsel Peter Kurer and ex-chairman Marcel Ospel, reports Corporate Counsel.
The executives had faced allegations over whether they knew that employees of Switzerland’s largest bank had helped US clients evade taxes.
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