Wealth Management Crisis at UBS (A)

Posted: 31 Jan 2012

See all articles by Paul M. Healy

Paul M. Healy

Harvard Business School; National Bureau of Economic Research (NBER)

George Serafeim

Harvard Business School

David Lane

affiliation not provided to SSRN

Date Written: October 17, 2011

Abstract

The case describes the challenges that UBS faced as a result of the U.S. Department of Justice (DOJ) investigation for tax fraud, that claimed that UBS had helped some 52,000 U.S. residents hide billions of dollars in untaxed assets in secret Swiss accounts between 2000 and 2007, depriving the U.S. Treasury of hundreds of millions of dollars in taxes.

Learning Objective: Governance and strategy challenges from a changing regulatory environment.

Suggested Citation

Healy, Paul M. and Serafeim, George and Lane, David, Wealth Management Crisis at UBS (A) (October 17, 2011). Harvard Business School Accounting & Management Unit Case No. 111-082, Available at SSRN: https://ssrn.com/abstract=1993158

Paul M. Healy (Contact Author)

Harvard Business School ( email )

Soldiers Field
Boston, MA 02163
United States
617-495-1283 (Phone)
617-496-7387 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

George Serafeim

Harvard Business School ( email )

Boston, MA 02163
United States

HOME PAGE: http://www.hbs.edu/faculty/Pages/profile.aspx?facId=15705

David Lane

affiliation not provided to SSRN

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