UBS set for hit of at least $539 million after tax penalty

December 15, 2021 3:36 PM

PARIS (BLOOMBERG) – UBS Group is facing a fourth-quarter hit of at least 350 million euros (S$539 million) related to a French tax case and could see a much bigger impact on profit if it decides not to fight on.

Source : http://www.straitstimes.com/business/banking/ubs-set-for-hit-of-at-least-539-million-after-tax-penalty