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Credit Suisse stock climbs after US tax fraud deal

Last Updated: Tuesday, May 20, 2014, 14:31

Shares in Credit Suisse climbed on Tuesday, a day after the Swiss banking giant was fined $2.6 billion by US authorities after pleading guilty to helping Americans avoid taxes.

Credit Suisse CEO faces more calls to quit in US tax dispute

Last Updated: Sunday, May 18, 2014, 20:18

Credit Suisse Chief Executive Brady Dougan came under further pressure to resign on Sunday, with a key figure in Switzerland`s largest party becoming the latest politician to call for a change in the bank`s leadership over its role in helping rich Americans dodge tax.

Credit Suisse deal with US authorities could top $2 billion

Last Updated: Tuesday, May 13, 2014, 10:03

The Swiss bank is eager to move past the long-running probe by the Justice Department into whether it helped thousands of Americans evade U.S. taxes.

Swisspartners pays $4.4 mn to avoid US tax fraud charges

Last Updated: Saturday, May 10, 2014, 21:20

The agreement is part of a US push to find tax dodgers and punish the banks that help them.

Credit Suisse says doing all possible to end US tax dispute

Last Updated: Friday, May 09, 2014, 22:51

Swiss banking giant Credit Suisse said on Friday that resolving a dispute with Washington over its past assistance to US tax dodgers was a top priority.

Credit Suisse in talks to pay $1.6 bln to resolve U.S. tax probe: Source

Last Updated: Tuesday, May 06, 2014, 08:59

The penalty could be roughly twice the amount paid by UBS AG, which settled similar charges in 2009 for $780 million and agreed to identify its customers.

Indian-origin accountant barred from promoting tax scheme

Last Updated: Wednesday, April 23, 2014, 12:52

An Indian-origin public accountant here has been permanently barred by a US court from promoting an alleged tax scheme that unlawfully increased tax deductions and avoided income taxes.

New US tax-evasion probe against Credit Suisse: Source

Last Updated: Tuesday, April 08, 2014, 00:19

Credit Suisse faces a new probe over its role in enabling US tax evasion, this time from a New York state regulator, a person familiar with the matter said Monday.

Swiss banks look to job cuts to absorb US tax pressure: Poll

Last Updated: Thursday, January 09, 2014, 21:19

Swiss banks look set for new job cuts this year, despite ever-rosier figures, amid rising regulatory pressure and a US clampdown on tax-dodgers, consultants EY said today.

Ex-UBS banker pleads not guilty in major tax fraud case

Last Updated: Wednesday, January 08, 2014, 02:01

A former high-ranking UBS banker charged with helping Americans dodge taxes through secret Swiss bank accounts pleaded not guilty on Tuesday to fraud conspiracy charges linked to a U.S. tax evasion investigation that shook Swiss banking to the core.

India seeks possible US tax violations in diplomat row

Last Updated: Saturday, December 28, 2013, 03:47

India has sought details about staff in American schools in the country for possible tax violations and revoked ID cards of US consular officials and their families, retaliatory steps for the arrest of an Indian diplomat in New York.

Six countries sign US pacts in fight against tax fraud

Last Updated: Friday, December 20, 2013, 07:49

The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.