Ex-UBS Executive Weil Finally Faces US Court

Ex-UBS Executive Weil Finally Faces US Court by Matthew Allen, swissinfo.ch Weil is the highest-ranked Swiss bank executive to go before the US courts and faces a lengthy jail term if found guilty. Unlike other bankers seized by the US, Weil has chosen to stand and contest the charges rather than cut a deal with the Department of Justice (DoJ) and run. Among those given a so-called “sweetheart deal” by the DoJ, Weil’s former underling at UBS Martin Liechti is tipped to give evidence against his old boss during the trial. Liechti, former head of UBS wealth management Americas, was…