UBS AG is to give U.S. tax authorities the identities of about 4,450 U.S. clients who are suspected of evading taxes through secret Swiss accounts, according to a settlement.

The Swiss banking company is to turn over the client data as part of a deal to resolve an Internal Revenue Service probe that sought the names of tens of thousands of American UBS clients. UBS and the U.S. and Swiss governments agreed on a deal last week, but the details were not made public until Wednesday.

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