Credit Suisse helped US customers evade tax

Credit Suisse helped thousands of its US customers conceal their Swiss accounts and avoid billions of dollars in American taxes, a new report has alleged.

The US senate committee report claims that the bank opened Swiss accounts for more than 22,000 US customers, with assets totalling between US$10bn (£6bn) and US$12bn (£7.2bn) at their peak.

The report alleges...

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