UBS
UBS sets aside a tenth of €4.5bn French tax evasion fine
The firm believes ‘the verdict should be reversed’ and ‘judgement is not supported by the facts’
Global art sales rise 9% over last 10 years
UBS’ report also found US art sales had reached its highest recorded levels
Financial planning still a male-dominated family matter
UBS finds 85% of wealthy women take care of day-to-day expenses while men handle long-term finances
UK investors most defensive in Europe
British investors’ expectations ‘dramatically low’, while Europeans are more optimistic
‘Significant flaws’ in tax evasion verdict, claims UBS
The Swiss bank called the French judges’ decision ‘superficial, inconsistent and contradictory’