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U.S. sues UBS over identities of 52,000 American clients

The U.S. sued UBS AG today in an effort to get the Swiss bank to turn over the names of as many as 52,000 wealthy Americans who allegedly tried to evade taxes.

The United States sued UBS AG today in an effort to get the Swiss bank to turn over the names of as many as 52,000 wealthy Americans who allegedly tried to evade taxes on $14.8 billion in secret accounts, the Department of Justice said.
Zurich-based UBS failed to comply with a summons from the Inte

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