Credit Suisse to pay €238 million to settle tax suit
Credit Suisse Group agreed to pay €238 million ($234 million) to settle a French criminal probe into allegations the bank helped clients stash undeclared funds.
Source: americanbanker.com
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Credit Suisse Group agreed to pay €238 million ($234 million) to settle a French criminal probe into allegations the bank helped clients stash undeclared funds.
Credit Suisse Group won a class-action trial in which the bank was accused of participating in a sprawling conspiracy to fix prices in the multitrillion-dollar foreign-exchange market.