01/04/2009 05:12 am ET | Updated May 25, 2011

UBS Parties On In Face Of Federal Investigation

Despite a federal criminal investigation of its alleged role in helping wealthy Americans hide billions of dollars from the IRS, Swiss bank UBS returned this year as the main sponsor of one of the great gatherings of the super-rich, the Art Basel exhibition in Miami.

"We are very happy about their support," said Art Basel Communications Manager Maike Cruse. "They have been very faithful partners to us," she said.

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