Financial Transparency Coalition

Switzerland and the United States were engaged on Friday in the final stages of efforts to reach an agreement to settle a legal case that sought to force the Swiss banking giant UBS to disclose the names of wealthy American clients suspected of tax evasion.

ZURICH (Reuters) - The United States and Switzerland are expected to reach a final settlement on Friday to end a tax row against giant UBS, but details of the deal won't be made public the same day, sources familiar with the situation said.

Raymond Baker, director of Global Financial Integrity, appeared this morning in a segment about the UBS case which ran on NPR's Morning Edition. Listen to the clip below, or read the online print article which also quotes Mr. Baker here. http://public.npr.org/anon.npr-mp3/npr/me/2009/08/20090805_me_09.mp3

National Public Radio: It's been an eventful week for Swiss banking giant UBS. It posted a $1.3 billion loss on Tuesday — its third straight quarterly loss.