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Pictet “vigorously refutes” being targeted by US authorities in tax probe

Pictet says that it not being targeted by US tax authorities, according to an official statement released by the Swiss private bank. The response refers to recent articles, published on French newspaper Le Matin Dimanche and Swiss newspaper the Sonntagszeitung, on Pictet allegedly accepting funds from two ex-UBS clients suspected of tax evasion citing documents from the US District Court…

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