Quotes of the Day

ubs
Thursday, Feb. 19, 2009

Open quoteUBS sincerely regrets the compliance failures in its U.S. cross-border business.Close quote

  • PETER KURER,
  • chairman of Swiss bank UBS, agreeing to hand over names of U.S. tax evaders in a move many say ends the secrecy of Swiss banking
Photo: Nicholas Ratzenboeck / AFP / Getty | Source: New York Times