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IPFS News Link • TAXES: Federal

Swiss Bank turns over 70 client names to U.S. government

11-10-2008 • Reuters

UBS AG, the world's largest bank to the rich, has passed on information about 70 clients to U.S. authorities investigating tax evasion, a move that may undermine Switzerland's prized bank secrecy, the Washington Post reported.

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Reported By Powell Gammill

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