UBS Resolves Legacy French Tax Matter With Nearly $987M Settlement

Key Takeaways UBS will pay $862.7 million in fines and $124.1 million in damages to settle the French tax case.The dispute stemmed from cross-border business activities between 2004 and 2012.The settlement follows years of appeals and reduced penalties from earlier rulings UBS Group AG (UBS) has agreed to pay €835 million ($986.8 million) to resolve a long-running French tax case concerning its cross-border business activities between 2004 and 2012.On Sept. 23, 2025, the bank announced that it would pay a € ...