Credit Suisse Pleads Guilty

Swiss numbered accounts.

A fine old institution is dead and buried.

Credit Suisse has become the first major bank in about 20 years to plead guilty to a criminal charge. The Swiss bank agreed to pay about $2.6 billion in fines as it acknowledged that it helped American clients evade taxes.

http://www.reuters.com/article/2014/05/19/us-creditsuisse-investigation-idUSBREA4I0E620140519 

 

 

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