#cross-border-banking

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fromThe Local France
6 days ago

UBS to pay 835million to settle French tax case

Swiss banking giant UBS will pay €835million to settle a long-running French legal case over helping wealthy clients dodge taxes, the group and French authorities have said. UBS will pay a €730million fine and €105million in damages to the French state to close the 14-year legal saga. "UBS AG is pleased to announce it has resolved the legacy matter concerning its cross-border business activities in France between 2004 and 2012," the bank said in a statement.
France news
Startup companies
fromTechCrunch
1 month ago

Microsoft and Uber alum raises $3M for YC-backed Munify, a neobank for the Egyptian diaspora | TechCrunch

Munify provides faster, cheaper cross-border remittances for Egyptians abroad and U.S. banking access for residents.
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