As far as I know it has to be a criminal offense in Switzerland (tax evasion isn't). So there must be something else going on with the US case. Could it be the fact that they are acting as a bank in the US that makes the US branch of UBS liable to disclose information?
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The other factor is that banking secrecy does not apply for criminal activities... what has happened breaks US law.
Of course, it suits to accept this for the US customers,
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