Report: Credit Suisse tax deal expected today


A settlement between Credit Suisse (CS) and U.S. authorities over allegations that the Swiss bank helped U.S. citizens evade taxes is reportedly expected later today.

CEO Brady Dougan and Chairman Urs Rohner are expected to keep their jobs despite calls for their resignations.

Previous reports said that Credit Suisse would pay $2.5B to settle the charges and that it would plead guilty.

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