Credit Suisse addresses tax raids

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

Credit Suisse (NYSE:CS) took out ads in several British newspapers on Sunday, stressing a zero-tolerance policy on tax evasion, as it tries to limit any damage to its reputation from raids on three of its offices.

The Swiss lender was pulled into an international tax evasion and money laundering probe on Thursday when coordinated searches were carried out on locations in London, Paris and Amsterdam .