UBS: Allegations From German TV Frontal21 Unfounded

UBS AG Wednesday hit back at allegations made concerning the Swiss bank's alleged role in tax evasion in a television broadcast.

"The accusations made lack foundation," UBS said in a statement, referring to Frontal21's Tuesday evening broadcast.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached