Since 8 March, the Swiss bank UBS has been trying to reshuffle the cards after being fined a record 3.7 billion euros at first instance in 2019. Awaiting the latest decision on 27 September, the bank's defense pleaded to acquit its appeal

During this second trial of the global wealth management giant, the prosecution requested “at least” two billion euros in fines. The defense pleads to acquit its appeal for aggravated money laundering of tax fraud and illegal bank canvassing, a case in which the court is expected

Me Denis Chemla asked the court to “bring some reason” to this case, faced with the “crazy theory that UBS France (would have been) a vacuum cleaner of French savings for the benefit of UBS Switzerland”. According to him, there is “nothing, nothing, nothing, that establishes an unlawful act of canvassing.