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C Suisse said to have frozen some client accounts

Mr Freeze Batman

Credit Suisse has frozen dozens of accounts as it tries to determine if U.S. clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.

Top firm pays up as clients cheated IRS

Tax

Large cash and gold withdrawals were one way Bank Lombard Odier & Co allowed U.S. clients to sever a paper trail on their assets and cheat the Internal Revenue Service, the bank admitted, agreeing to pay $99.8m to avoid prosecution.

C Suisse punishment sends warning to other big banks

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The U.S. Justice Department didn’t blink in its pursuit of a guilty plea from Credit Suisse for helping thousands of Americans evade taxes. What prosecutors accomplished with the criminal conviction - the first of a major bank in a decade - isn’t as clear.

C Suisse statement

A Billion Dollars

Credit Suisse agrees to pay $2.815bn; these settlements, net of existing provisions, will result in an after-tax charge of CHF 1.598bn to be booked in the second quarter of 2014

C Suisse clients said in dark

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Thousands of Credit Suisse’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.

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Mr Freeze Batman

C Suisse said to have frozen some client accounts

Credit Suisse has frozen dozens of accounts as it tries to determine if U.S. clients are hiding money from the Internal Revenue Service after the firm pledged to come clean about secret assets, according to a person familiar with the matter.

Tax

Top firm pays up as clients cheated IRS

Large cash and gold withdrawals were one way Bank Lombard Odier & Co allowed U.S. clients to sever a paper trail on their assets and cheat the Internal Revenue Service, the bank admitted, agreeing to pay $99.8m to avoid prosecution.