Grübel claims the tide is turning for UBS
UBS: Regulators could bring economic damage
As Euromoney went to press UBS was preparing to announce numbers which will provide a hint as to how large a volume of money wealthy Italians have taken out of the bank in Switzerland and repatriated to Italy to take advantage of a one-off tax amnesty. It will be a lot.
The old offshore banking model is dying. A Swiss court last month found that Swiss regulators acted...
