Fines of up to €5B? UBS, its French unit and six top executives go on trial today after a long-running investigation into allegations they helped wealthy clients avoid taxes in France.

The court case of the largest Swiss bank follows a similar judicial process in the U.S. where it accepted to pay a $780M settlement in 2009, and in Germany, where the company agreed to a €300M fine in 2014.

Now read: Schroders, Lloyds discuss wealth management alliance »


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