Financial Times FT.com

US steps up legal fight on UBS clients

By Joanna Chung in New York

Published: July 1 2009 03:28 | Last updated: July 1 2009 03:28

US officials on Tuesday ramped up their efforts to force UBS to release the names of thousands of American customers holding offshore accounts with the Swiss bank.

The Department of Justice, in a filing with a Miami district court, said UBS should be ordered “to comply in full’’ with an Internal Revenue Service summons asking for the identity of 52,000 undisclosed accounts.

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