Report: Credit Suisse 'aided' U.S. tax evaders

Credit Suisse "helped its U.S. customers conceal their Swiss accounts" and avoid billions of dollars in American taxes, a report has alleged. It claims the bank opened Swiss accounts for more than 22,000 US customers, with assets totalling $12bn (£7.2bn) at their peak. The report alleges bankers helped clients create offshore shell entities and design transactions to avoid arousing suspicion.
Background:
Credit Suisse 'aided' U.S/ tax evaders [BBC]
Credit Suisse helped clients hide billions from IRS - Senate report [CNN]