Credit Suisse hit over tax evasion
BANKING giant Credit Suisse has been accused of helping its American customers evade taxes, in a US Senate report released yesterday.
Senators Carl Levin and John McCain accused the bank of using “cloak-and-dagger schemes” which included setting up a branch in a Swiss airport for over 10,000 US accounts and falsifying visa applications.
Credit Suisse cannot currently comment on the findings due to the terms of the Senate hearing.