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May 20, 2014

Credit Suisse Pleads Guilty to Criminal Charge in Tax Case 
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Credit Suisse has pleaded guilty to a criminal charge and agreed to pay
$2.6 billion for its role in helping U.S. clients avoid taxes by
concealing assets in undeclared bank accounts. It is the largest bank to
plead guilty to a criminal charge in the United States in 20 years. We
will have more on the plea deal later in the broadcast.

 

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