credit suisse claims innocence in global press
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Credit Suisse claims innocence in global press

Egypt Today, egypt today

Egypt Today, egypt today Credit Suisse claims innocence in global press

Credit Suisse has taken out double-page ads in leading European papers
Geneva - AFP

Credit Suisse extended its global charm offensive Monday insisting it has "zero tolerance" for tax evasion after hundreds of its clients and top employees became the target of an international fraud probe. 
The Swiss financial giant took out double-page ads in leading European papers claiming it had no desire to work with tax cheats. 
"Credit Suisse applies a strict zero tolerance policy and wishes to conduct business with clients that have paid their taxes and fully declared their assets," Monday's ad said. 
The bank complies "with all applicable laws" in areas where it operates, it added.
It took out similar ads in at least two British Sunday papers. 
Authorities in Europe and Australia on Friday announced a massive, coordinated tax fraud and money laundering investigation with hundreds of possible suspects across five countries. 
Dutch authorities have made two arrests and seized a gold bar, paintings, a luxury car and other assets. 
Credit Suisse's head of international wealth management, Iqbal Khan, told the Bloomberg news agency at the weekend that he understood the probe was focused strictly on the bank's clients. 
That claim appeared to be at odds with a statement from Britain's Revenue and Customs office, which referenced "senior employees" of a "global financial institution" as a focus of the investigation. 
Khan also told Bloomberg he was surprised by the timing of the probe since Credit Suisse had "taken a proactive stance" against tax evasion in Europe. 
Germany and France are part of the investigation, along with Britain, Australia and The Netherlands. 
Credit Suisse has confirmed that local authorities searched its offices in London, Paris and Amsterdam on Thursday. 
The bank has said it is cooperating with the investigation. 


Source: AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

credit suisse claims innocence in global press credit suisse claims innocence in global press



GMT 13:15 2017 Thursday ,26 January

Wild pandas frequently spotted in China

GMT 07:18 2018 Friday ,05 October

Jordan receives $1 billion from Gulf aid package

GMT 12:01 2018 Tuesday ,09 January

Bacteria makes blue jeans green

GMT 11:54 2017 Saturday ,14 October

OPEC expects higher demand for its oil

GMT 09:36 2018 Thursday ,01 November

Trump says US-Mexico border troops could hit 15,000

GMT 08:15 2018 Wednesday ,12 September

Us-China Trade Spat Looms Over Regional Wef Meeting

GMT 09:58 2018 Friday ,07 September

Osaka makes history in reaching US Open final

GMT 00:42 2012 Tuesday ,16 October

The Saudi nuclear program

GMT 10:43 2016 Thursday ,17 November

Lionel Messi Voted Best Player of Last 10 Years

GMT 12:33 2017 Tuesday ,03 October

GCC and France discuss cooperation

GMT 08:54 2017 Thursday ,27 July

Russia regrets UNSC refusal to condemn attack

GMT 00:38 2017 Monday ,08 May

Israeli forces push deep into Gaza

GMT 11:54 2017 Thursday ,07 September

Gulf Air increases Moscow daily flights

GMT 17:16 2017 Sunday ,19 November

Delhi half-marathon to go ahead

GMT 13:27 2017 Thursday ,23 November

Football: FIFA defendants 'blinded by greed,'

GMT 06:12 2017 Monday ,18 December

Uber denied new license in northern
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday