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"'UBS told to hand client info to French taxman' on Yahoo Finance UK. France opened a probe into UBS after former employees blew the whistle over the bank's alleged system of setting up dual accounts to hide the movement of capital into Switzerland", uk.finance.yahoo.com
"UBS Group AG, among Swiss banks struggling to pull away from a past of helping clients dodge taxes, said it received an order from Swiss tax authorities to provide information related to a French request for assistance on tax matters.", www.bloomberg.com
"In 1967, U.K. Prime Minister Harold Wilson declared devaluation wouldn’t diminish the “pound in your pocket.” Chancellor of the Exchequer Norman Lamont admitted he was heard “singing in the bath” after sterling’s link to the deutsche mark was severed in 1992, sending the currency tumbling.", www.bloomberg.com
"Swiss bank UBS has been ordered by Switzerland’s tax authorities to hand France details of present and former French citizens who held accounts with it and it said it expects other countries to make similar requests. The demand follows a clamp-down on tax evasion by enforcers in the US, Germany and France in the wake of the financial crisis.", www.standard.co.uk
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