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Credit Suisse Pays $196M SEC Settlement

Sunday, February 23, 2014 - 7:34 AM
"Credit Suisse is paying $196 million and admitting wrongdoing to settle civil charges it violated federal securities laws by providing financial advisory services to thousands of U.S. clients without registering with a federal regulator. But the global Swiss bank headquartered in Zurich remains under criminal investigation on suspicions it also helped wealthy American clients evade millions of dollars in taxes on assets hidden in offshore accounts."

Credit Suisse pays $196M SEC settlement
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ShorebreakShorebreak2,621 posts since
Apr 6, 2010
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