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UBS Inching Closer to Settlement (Update)

Stock quotes in this article: UBS  

(Updated with comment from UBS spokesperson; updates stock with closing price.)

Hiding money from the taxman in Swiss bank accounts just ain't what it used to be. UBS(UBS Quote) and its clients are finding that out the hard way.

According to published reports, the world's largest wealth manager is nearing a civil settlement with the U.S. government over a tax-related dispute. ...

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