(Reuters) -
Credit Suisse (CSGN.VX) has handed data to U.S. officials as part of an ongoing
crackdown of hidden Swiss offshore accounts, the Swiss bank's chief executive
Brady Dougan will tell shareholders on Friday.
"With
regard to this issue, we have delivered data as directed by the Swiss
government. According to the recent decision of the Swiss Federal Council, we
provided the U.S. authorities directly with information," Dougan said,
according to prepared remarks seen by Reuters.
Credit
Suisse is one of roughly a dozen Swiss banks being investigated by U.S.
officials for helping wealthy Americans dodge taxes by funneling money through
offshore accounts.
The bank
and the Swiss government are in talks with U.S. justice and tax officials to
reach a settlement.
Strict
Swiss bank secrecy laws prevent Credit Suisse from handing over client data,
and Dougan did not disclose the nature of information handed over.
"We
continue to cooperate with authorities, both in the U.S. and Switzerland, to
resolve this matter in a responsible manner that complies with our legal
obligations," Dougan said.
(Reporting
By Katharina Bart; Editing by Dan Lalor)
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