Wealth Management Crisis at UBS (A)
Posted: 31 Jan 2012
Date Written: October 17, 2011
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: Suggested Citation