“U.S. officials have arrested a former UBS (UBSN.VX) banker working for the Swiss operations of Coutts, the private banking division of Royal Bank of Scotland Group Plc (RBS.L), sources told Reuters.  The arrest comes as U.S. authorities crack down on tax evasion and has revived Swiss bankers’ fears that they could face detention if they travel to the United States and are suspected of helping people hide money in offshore accounts.  Coutts notified staff in Geneva on Friday that one of its private bankers had been arrested last week when he entered the U.S. for a vacation, a source familiar with the situation said.”

http://www.reuters.com/article/2013/04/29/us-swiss-tax-coutts-idUSBRE93S0ME20130429

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