Credit Suisse freezing accounts to look for US assets
Swiss bank wants to show that any hidden accounts are a lapse in controls and not a criminal act, say sources
Fri, Dec 02, 2016 - 5:50 AM
Newark, New Jersey
CREDIT Suisse Group AG has frozen dozens of accounts as it tries to determine if US clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.