Trial of Ex-UBS Employee Delayed by a Day After Court No-Show
- Accused charged with bank secrecy violations, money laundering
- Case involved data allegedly sold to German tax authorities
Photographer: Chris Ratcliffe/Bloomberg
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The Swiss trial of an ex-employee of UBS Group AG charged with stealing data on the bank’s clients and allegedly selling it to German tax authorities was postponed by a day after the defendant failed to show up in court.
The case, which rakes up the thorny issue of whether such leaks are the work of a whistle-blower or a thief, was rescheduled for Tuesday by the presiding judge, who said she had anticipated the possibility this might occur.