The logo of UBS is seen outside the building housing the headquarters of the Swiss bank in San Juan, Puerto Rico

Switzerland has charged a former employee of the country’s largest bank UBS with allegedly selling German authorities the files of wealthy clients suspected of tax evasion, officials and media said.
The man is accused of violating banking secrets, according to Switzerland’s public ministry, as well as involvement in espionage and money laundering.
The charges were first revealed Tuesday by the Swiss-German newspapers Tages Anzeiger and Der Bund.

Source: Arab News