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French court set to rule on record UBS fine

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French judges are set to rule on Monday on whether to overturn a record 4.5 billion euro ($5.1 billion) fine against Swiss bank UBS (UBSG.S) for allegedly helping wealthy clients stash undeclared assets offshore. The case is being watched by banks to see if it signals a toughening European stance….

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Click here to read the full story: Reuters

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