Showing Archived Posts

Credit Suisse Settles German Tax Evasion Case for $207 million

Posted September 19th, 2011 at 12:05 pm (UTC-5)
Leave a comment

Switzerland’s second largest bank, Credit Suisse, has agreed to pay $207 million to German authorities to end an investigation into hidden assets held by German clients. The settlement announced Monday settles an inquiry by prosecutors in Dusseldorf into whether the bank helped German nationals avoid taxes when they sent their money to Credit Suisse. The […]

Tags: , , Posted in Economy