Legal
Basler Kantonalbank says to pay 38.6 million euros in German tax probe
Swiss regional bank Basler Kantonalbank said on Thursday it will pay 38.6 million euros ($42.1 million) to settle a probe by German officials over undeclared assets in hidden offshore accounts in Switzerland. Basler said the German fine will reduce its first-half profit to last year's level of 49.3 million Swiss…
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