Why wealthy People in america appreciate UBS, the secretive Swiss banking large

Key Points

U.S. authorities claim that UBS and other Swiss banking companies consistently are unsuccessful to disclose the allegedly legal activity of customers.
More than 50 percent of UBS’s wealth management clients are based mostly in the United States.
UBS is a person of about 30 world wide, systemically vital banks that regulators safeguard in emergencies.
UBS might inherit litigation threats right after its acquisition of rival financial institution large Credit Suisse.

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