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Probe finds Credit Suisse allegedly involved in tax evasion

Swedish banking giant Credit Suisse is allegedly involved in tax evasion by ultra-wealthy Americans, the US Senate Finance Committee said Wednesday. Committee Chairman Ron Wyden, a Democrat from...

Credit Suisse to be taken over by rival UBS

  Troubled Credit Suisse will be taken over by its Swiss rival UBS, the Swiss government announced. In an effort to reduce any risks to UBS, the federal government...
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