Tax

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Reuters - Commerzbank said in tax raid

Tax

Germany’s Commerzbank has become the target of a tax evasion probe in which several current and former managers are suspected of evading £35.59m in taxes via so-called dividend stripping.

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C Suisse expects $2.3bn writedown

Credit Suisse expects to take a write-down of $2.3bn during its 2017 fourth quarter following changes to the U.S. tax system, the Swiss bank said on Friday. RBS to pay £94 million to settle California mortgage bond claims