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IPFS News Link • Police State

UBS closing U.S. clients' offshore accounts

01-09-2008 • Reuters via Yahoo

ZURICH (Reuters) – Swiss wealth manager UBS AG (UBSN.VX) (UBS.N) is closing all the offshore accounts of its U.S. clients, the bank said on Friday, as it comes under pressure from U.S. tax authorities.

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UBS closing U.S. clients' offshore accounts

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