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A U.S. investigation yields a guilty plea from the Swiss bank and a European probe leads to charges against Crédit Agricole, HSBC and JPMorgan.
Not only is Credit Suisse admitting guilt and paying $2.6 billion in fines for helping U.S. taxpayers file false income tax returns with the IRS, the bank has also agreed to comply with the Foreign Account Tax Compliance Act (FATCA) and other tax treaties as part of a plea agreement with the U.S Department of...
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