France's supreme court partially grants UBS appeal in major tax fraud case - source

France's supreme court on Wednesday partially granted an appeal lodged by Swiss bank UBS in a major tax fraud case, a source with knowledge of the matter told Reuters.

UBS had appealed a ruling from a lower court

in 2021 which had imposed a 1.8 billion euro ($1.95 billion) penalty against the bank for allegedly helping wealthy clients in France evade taxes. ($1 = 0.9207 euros)