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  • 20/05/2014
Credit Suisse has pleaded guilty to helping some US clients avoid paying taxes to the American government.

It is to pay a fine of 1.8 million euros.
However as part of a deal the attorney general’s office the Swiss banking giant will not lose its licence in the US.

Credit Suisse is not alone. US prosecutors are chasing more than a dozen other Swiss banks for allegedly helping wealthy Americans to dodge US taxes.

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