Exclusive | UBS Close to Large Settlement Over Credit Suisse Tax Case - WSJ
1. UBS may settle Credit Suisse tax violations for hundreds of millions. 2. Credit Suisse previously paid $2.6 billion for tax-related misconduct in 2014. 3. UBS allocated around $4 billion for unresolved Credit Suisse legal issues. 4. The Justice Department's actions could impact UBS's reputation post-rescue. 5. Pending settlement could conclude major actions before Biden administration ends.