Ex-Credit Suisse Clients Face Grand Jury Probes Over Taxes

What You Need To Know

• Meanwhile, the Justice Department is investigating whether the bank, now owned by UBS, helped Americans hide assets from the IRS.
• Credit Suisse pleaded guilty in 2014, paid $2.6 billion, and admitted it helped thousands of Americans evade taxes.
• Its failure to act "enabled what appears to be potentially criminal tax evasion by a client to go undetected for almost a decade," according to a Senate report.