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Credit Suisse Pleads Guilty on U.S. Felony Charge, Gets $2.6 Billion Fine

Posted on May 20, 2014
Credit Suisse guilty on US felony charge, pays $2.6 bn (via AFP)

Credit Suisse pleaded guilty and was fined $2.6 billion for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges. US authorities said the “brazen” Swiss bank, one of the world’s largest wealth…

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