The U.S. Senate Permanent Subcommittee on Investigations will hold a hearing on a crackdown on offshore tax evasion that has stalled as prosecutors conduct criminal probes of 14 banks, including Credit Suisse Group AG. (C:US) The hearing will focus on “the status of efforts to hold Swiss banks and their U.S. clients… – Continue reading
The United States permanent subcommittee will be holding a hearing as they try to solve issues surrounding offshore tax evasion as prosecutors conduct criminal probes of 14 banks including credit Suisse Group AG. According to a statement by the committee, the focus will be on the status efforts to hold… – Continue reading
Deal comes as federal authorities escalate criminal probe into allegations Credit Suisse and other Swiss banks helped U.S. clients duck taxes on assets in offshore accounts. Credit Suisse is paying $196 million and admitting wrongdoing to settle civil charges it violated federal securities laws by providing financial advisory services to… – Continue reading
