UBS fined €5m by Dutch prosecutors over Credit Suisse legacy tax evasion cases
By Martin Coyle ( September 22, 2026, 08:52 GMT | Insight) -- UBS has been fined €5 million by Dutch prosecutors after its subsidiary Credit Suisse helped customers transfer assets to Swiss bank accounts to keep them out of the view of the Dutch tax authorities between 2005 and 2015. UBS, which bought Credit Suisse in 2023, said it had "zero tolerance" for tax evasion and was pleased to have resolved the matter in line with its commitment to address legacy issues at pace.UBS has been fined €5 million ($5.7 million) by Dutch prosecutors after Credit Suisse, which it bought in 2023, helped some customers transfer assets to Swiss bank accounts to keep them out of the view of the Dutch tax authorities between 2005 and 2015....
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