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VIENNA June 11 (Reuters) – Oswald Gruebel, chief executive of UBS (UBSN.VX) (UBS.N)L, said he was confident there will be a deal between Switzerland and the United States over tax data.
When asked by reporters whether the Swiss parliament will approve a tax deal with the United States, he replied: “I am confident it will approve it.” Switzerland’s delivery of UBS client data to U.S. tax officials has been delayed after the Swiss lower house last week rejected a Swiss-U.S. deal to solve a tax dispute, triggering a new parliamentary debate. [IDnLDE6570NF]