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Credit Suisse, US ‘in tax probe payment talks’

Credit Suisse Group AG is in talks with the US Department of Justice (DOJ) to pay as much as US$1.6 billion to resolve an investigation into the bank’s role in helping US citizens evade taxes, a person familiar with the matter said on Monday. Prosecutors have also been pushing for Credit Suisse to plead guilty in connection with the probe, two people with knowledge of the talks said. A spokesman for Credit Suisse declined to…