Feb. trial date for former UBS exec charged with conspiracy

Feb. trial date for former UBS exec charged with conspiracy
Raoul Weil, 54, former top executive with Swiss bank UBS AG
FORT LAUDERDALE, Fla. (AP) - A February trial date has been set in Florida for a former senior executive at Swiss bank UBS AG charged with tax fraud conspiracy.

U.S. District Judge James Cohn ordered trial during the two-week period beginning Feb. 18 for Raoul Weil, former head of Global Wealth Management at UBS. The 54-year-old Weil pleaded not guilty Tuesday to the tax charge, part of a broad federal probe into tax evasion by wealthy U.S. citizens.

Cohn's order says he would consider a possible change of plea at a Feb. 12 hearing. Weil's lawyer says he will fight the charge, which carries a maximum five-year prison sentence.

In 2009, UBS paid a $780 million fine and turned over thousands of names of customers to U.S. investigators. Many of them have been prosecuted.