LGT

US Senate SubCommittee Report Says UBS, LGT Banks Helped Tax Evaders

The Senate Permanent Subcommittee on Investigations (PSI), chaired by Senator Carl Levin (D-MI), after a 6 month probe, has released a report which says that Swiss banking giant UBS AG and Lichtenstein based LGT Bank have aided and abetted wealthy Americans evade taxes, cover up ownership of accounts and hide assets.

Vested Interest: 
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Stock Symbol: UBS UBS AG (NEW) Stock Price: $18.30 Todays Change: -1.65 (-8.27%)