UBS to reveal about 5,000 names in U.S. deal: source

Reuters reports:

UBS will give U.S. authorities the names of about 5,000 wealthy Americans suspected of using the Swiss bank to evade taxes under a deal that will be formalized this week, a U.S. legal source said on Monday.

The source, who asked not to be identified because he was not authorized to discuss the agreement, said it was due to be announced jointly by the Swiss and U.S. governments on Wednesday.