German tax inspectors have been raiding the homes of Credit Suisse (CS) clients suspected of tax...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

German tax inspectors have been raiding the homes of Credit Suisse (CS) clients suspected of tax evasion, according to bank and government officials, focusing on ~5,000 clients who allegedly bought certain insurance policies during 2005-2009. It's part of a broader crackdown on Swiss banks in connection to possible tax evasion.