Germany probes Swiss bank: UBS over aiding tax evasion

Authorities in south-western Germany are investigating the German branch of Swiss banking giant UBS over suspicion of aiding tax evasion, a public prosecutor said Thursday. "We are investigating officials of the bank whose names are still not known, and customers. It concerns the suspicion of aiding tax evasion," Peter Lintz, the public prosecutor in the city of Mannheim, said.
"Staff of the bank are suspected of having helped customers take money from Germany to Switzerland," he said, confirming a report in the Stuttgarter Nachrichten newspaper.