UBS, accused in 2009 of aiding tax evasion, paid $780 million to the United States; now Credit Suisse is on the hot seat.
(Chris Ratcliffe/Bloomberg News)
Swiss bankers may ask US to drop fraud charges
UBS, accused in 2009 of aiding tax evasion, paid $780 million to the United States; now Credit Suisse is on the hot seat.
(Chris Ratcliffe/Bloomberg News)
Credit Suisse Group AG bankers accused of helping Americans cheat on taxes plan to ask the Justice Department to dismiss their indictment amid talks to resolve a U.S.-Swiss dispute over tax evasion and a probe of the bank, according to five people familiar with the matter. Seven current and former Credit Suisse bankers in Switzerland were indicted July 21 in Alexandria, Virginia, on one charge each of conspiring to defraud the U.S. The bank also has said it is a target of a criminal investigation by the U.S. Justice Department
For more from BostonGlobe.com, sign up or log in below
To continue, please sign up or log in to BostonGlobe.com
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Sign up
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Are you a Boston Globe home delivery subscriber?
Get FREE access as part of your print subscription.
BostonGlobe.com subscriber
Click to continue reading this article or to log in to BostonGlobe.com.
