Exclusive: Ex-UBS banker Weil agreed to extradition to the U.S.

Raoul Weil, a former UBS banker charged by U.S. authorities five years ago for allegedly helping rich Americans dodge taxes via secret Swiss bank accounts, has agreed to go to the United States to face trial after being arrested in Italy, Weil's lawyer and judicial sources told Reuters. "Mr. Weil agreed to extradition to the U.S. because he has always been prepared to confront these charges," Weil's lawyer, Aaron R. Marcu of Freshfields Bruckhaus Deringer in New York, said in an e-mail to Reuters. Judicial sources told Reuters Weil had agreed to be extradited at a court hearing in Bologna on Monday. Weil's indictment in November 2008 was a landmark in efforts by U.S. authorities to clamp down on the use of offshore Swiss bank accounts by tax dodgers.

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