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Credit Suisse to pay $511 million

The Wall Street Journal on MSN · 1d

UBS to Pay $511 Million to Settle Credit Suisse U.S. Tax Case

The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over American clients who evaded taxes.

Bloomberg · 2d

UBS Will Pay $511 Million to End Credit Suisse US Tax Probe

UBS Group AG agreed to pay $511 million to settle a US investigation into how Credit Suisse Group, the Swiss bank it bought, helped rich Americans evade taxes even after pledging to stop the practice a decade ago.

Fox Business on MSN · 1d

Credit Suisse penalized more than $510 million for helping wealthy US clients evade taxes

The Department of Justice (DOJ) said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

1don MSN

Credit Suisse admits scheme to hide more than $4 billion in offshore accounts for ultra-rich Americans

Credit Suisse’s services unit agreed to pay $511 million in fines, penalties, restitution, and forfeitures, authorities said.

The Edge Singapore1d

UBS will pay US$511 million to end Credit Suisse US tax probe

Credit Suisse unlawfully helped clients hide assets, including a billionaire scion of a wealthy European family, according to ...

37mon MSN

Whistleblowers Who Defied Credit Suisse Are About to Share Up to $150 Million

The former employees set to strike it rich for telling U.S. authorities Credit Suisse wasn’t living up to its promise to ...

5d

Basel Boss Signals 'Swiss Finish' to Capital Rules Is Not Unfair on UBS

UBS had to hold 14.82% of risk-weighted assets as Tier 1 capital last year, more than Deutsche Bank's 13.20%, but below U.S.

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