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C Suisse to face tax evasion panel

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The chief of Credit Suisse will square off on Wednesday against U.S. Senator Carl Levin as the veteran congressional investigator releases his latest findings on offshore tax evasion.

Big U.S. banks to catch break on calculating capital

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Eight of America's largest banks will begin using their own models and systems to calculate the amount of capital they need to set aside for risk- weighted assets, according to a source familiar with the situation.