Credit Suisse says it is a target of US probe


ZURICH: Swiss bank Credit Suisse is being investigated by the US Department of Justice (DoJ) as part of a broader inquiry into banks suspected of helping Americans evade taxes.

The investigation concerns historical private banking services provided on a cross-border basis to people in the United States, Credit Suisse said yesterday, adding that the bank had received a letter notifying it that it was being investigated on Thursday.

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