July 31 - The United States said on Friday it has reached an agreement in principle with Swiss bank UBS on their tax evasion dispute and hopes to hammer out the details of a settlement in a week., Goldman Sachs Group Inc, and Credit Suisse.
- The Swiss bank is the number one share trader across the New York Stock Exchange and Nasdaq combined.
- The bank's U.S. workforce represents 37 percent of its global staff.
- The Swiss bank expanded its presence in the United States in 2000 with the $10 billion acquisition of PaineWebber Group, a brokerage firm with over 8,500 brokers and $500 billion in client assets.
- UBS Wealth Management Americas managed 673 billion Swiss francs ($619.7 billion) in client assets at the end of March.
- The bank has around 2 million clients in the United States.
- UBS has locations in 381 cities across 49 states and the District of Columbia.
Source: UBS
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