French court ruling due in UBS $6 billion tax case
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PARIS (Reuters) - A French court will rule on Wednesday whether UBS, Switzerland's largest bank, helped wealthy French clients evade taxes between 2004 and 2012 and launder the proceeds.French prosecutors are demanding a 3.7 billion euro (£3.2 billion) fine, while the French state is seeking an additional 1.6 billion euros in damages. Such a combined penalty would be a record for France and exceed the Swiss bank's 2018 net profit.UBS denies any wrongdoing and the case could drag on for years if..