UBS to pay nearly $1bn to settle French tax evasion case
By Martin Coyle ( September 23, 2025, 10:33 GMT | Insight) -- UBS will pay €835 million to settle a long-running dispute over its cross-border activities in France dating back to 2004, the Swiss investment bank said today. The lender has faced scrutiny over its conduct following allegations of money laundering and tax evasion that saw it initially fined €3.7 billion in March 2019. That figure was later reduced to €1.8 billion, before another appeal saw it win a bid to reassess that figure in 2023.UBS will pay €835 million ($985 million) to settle a long-running dispute over its cross-border activities in France dating back to 2004, the Swiss investment bank said Tuesday....
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