Wegelin & Co., the 270-year-old Swiss bank, pleaded guilty to helping U.S. taxpayers hide more than $1.2 billion from the Internal Revenue Service.
Swiss Bank Pleads Guilty in U.S. Tax Probe
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports
- Morning Scan Plus (Premium e-newsletter)
- American Banker mobile app