NEW YORK — Three Swiss bankers were indicted in the United States Tuesday, accused of hiding $1.2 billion in assets of US clients seeking to avoid declaring their full wealth to tax authorities.
LONDON (Reuters) - UBS trader Kweku Adoboli did not seek bail when he made a brief court appearance in London on Thursday for a hearing in a case that has cost the Swiss bank $2.3 billion.
The father of the trader charged over an alleged $2 billion fraud at Swiss bank UBS said Saturday he was preparing to fly to London to be with his son, whom he described as a "man of integrity".
