You are here

Five-nation tax evasion investigation takes Credit Suisse by surprise

Probe could jeopardise CEO Thiam's efforts to focus bank on wealth management

The fresh investigations come as Credit Suisse begins implementing a new global standard for the automated exchange of information for its European locations.


CREDIT Suisse Group AG and its home country of Switzerland were surprised by a tax evasion and money laundering investigation that spans five countries from Australia to the United Kingdom and potentially involves thousands of account holders.

Two people were arrested by

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom