UBS Accused of Using James Bond Tactics to Launder Money

The transcript discusses allegations against UBS bankers in France, likening their activities to a James Bond story. It describes secretive operations involving encrypted computers and stealth business cards, with bankers allegedly crossing borders at night to solicit clients and stash cash. UBS faces potential fines of up to 2 billion euros and accusations of hiding 10 million euros from French tax authorities.

What actions have UBS bankers been reportedly asked to take while meeting clients?

What is the significance of the cash being stashed away by UBS bankers?