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Fugitive UBS banker arrested in Italy luxury hotel

A logo of the Swiss banking giant UBS is seen above blinds drawn at its main headquarters on October 15, 2011 in the center of ZurichA former top executive at Swiss banking giant UBS wanted in the United States for allegedly helping wealthy Americans hide $20 billion (15 billion euros) from the taxman has been arrested in Italy, police said Sunday. Raoul Weil, 54, had been staying in a luxury hotel in the city of Bologna where he checked in under his real name, triggering a police check because he is on an international fugitive list.