Mark Branson, chief financial officer of UBS AG's global wea
UNITED STATES - JULY 17: Mark Branson, chief financial officer of UBS AG's global wealth-management unit, testifies at a hearing of the Senate Permanent Subcommittee on Investigations in Washington, D.C., U.S., on Thursday, July 17, 2008. UBS, the world's largest wealth manager, will stop offering offshore-banking services to U.S. clients through non-U.S. branches, said Branson. (Photo by Jay Mallin/Bloomberg via Getty Images)

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