Credit Swisse to Pay $2.5 Billion in Deal With U.S. – CS

The Wall Street Journal reports that U.S. authorities are close to securing a guilty plea and a settlement of nearly $2.5 billion from Credit Swisse (CS) to settle a probe over allegations that wealthy Americans opened thousands of accounts — worth $10 to 12 billion at their peak — with the megabank in Switzerland, in […] View the full post at: Credit Swisse to Pay $2.5 Billion in Deal With U.S. – CS Related posts: Consumer Credit Plunges $11.1 Billion in March Galleon Prosecutors to File Robert Moffat Information Vodafone: India Tax Bill May Reach $4 Billion