UBS ordered by court to pay French state 800 mln euros in damages

PARIS, Feb 20 (Reuters) - A French court on Wednesday ordered UBS to pay the French state 800 million euros ($907 million) in damages, after finding UBS guilty of laundering the proceeds of tax fraud.

($1 = 0.8821 euros) (Reporting by Inti Landauro and Emmanuel Jarry; Editing by Sudip Kar-Gupta)

2019-02-20 15:03:17

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