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UBS says reports of DOJ probe into Russia sanctions evasion are wrong

Summary by Ground News
UBS said on Saturday it was not aware of a probe by the U.S. Department of Justice into alleged sanctions-related compliance failures. Trading in UBS shares was temporarily halted on Wednesday after they fell nearly 8% following a Bloomberg News report which said a full-scale investigation was underway into alleged compliance failures that helped Russian clients evade sanctions.
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UBSUBS
Department of JusticeDepartment of Justice
SanctionsSanctions
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