UBS Group (NYSE:UBS) is close to paying hundreds of millions of dollars for alleged violations by Credit Suisse of an earlier agreement with the U.S. Justice Department regarding U.S. clients who evaded tax,

Credit Suisse Closed, But Didn't Report, Some Accounts. The Justice Department has reportedly questioned the bank over accounts totaling hundreds of millions of dollars that were

UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax,

A settlement in the hundreds of millions of dollars related to a decade-old tax evasion case could come as soon as this week, the Wall Street Journal reported.

The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.