UBS France Revenue Seen Rising 10% as Bank Talks to Authorities

UBS France Revenue Seen Rising 10% as Bank Talks to Authorities

Gianluca Colla/Bloomberg

De Leusse said French clients opening accounts at UBS in Switzerland since the middle of 2012 have been required to prove they’re compliant with their nation’s tax laws, and longer-standing clients have been requested to provide such proof since the start of this year.