ZURICH (Reuters) - Swiss bank UBS <UBSG.S> said on Thursday it was not the subject of a German investigation into suspected tax evasion following a search of its Frankfurt site a day earlier.
No documents were seized at UBS's offices in Wednesday's search, which was part of a probe into suspected tax evasion by UBS clients.
"The investigation of the German authorities is not related to a criminal or civil proceeding against UBS," the bank said.
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The statement expands on Wednesday's comment, when UBS said there were no investigative proceedings against any employees of its Frankfurt unit.
In 2014, UBS paid about 300 million euros ($352 million) to settle claims by the authorities in Germany's western city of Bochum that it helped wealthy Germans dodge taxes.
(Reporting by Joshua Franklin; Editing by Edmund Blair)