Miami, Florida, USA (GenevaLunch) – The Swiss and US governments are still negotiating a settlement in the UBS bank court case and have asked for a delay until late morning, Florida time, the judge in charge of the case has announced, Bloomberg reports. Any announcement about the outcome will now be made after trading in UBS shares in Zurich have ended for the week.
Posted by Ellen Wallace on 7 August 2009 at 15:32 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 7 August 2009.
Filed under: Business
Tags: court case, delay, IRS, out of court settlement, Switzerland, U.S., UBS
We are happy to have your comments, which are approved before they appear: please remember to be courteous and brief. We accept only comments directly related to an article. We do not accept comment spam - messages sent to more than one site. We do not publish comments if the e-mail address is not legitimate. Thank you!