Group AG Chief Executive Brady Dougan is scheduled to testify Wednesday at a U.S. Senate subcommittee hearing on offshore tax evasion, a move that comes as the Swiss bank seeks to settle allegations it helped Americans evade their obligations. According to a witness list made public on Monday, Robert Shafir and Hans-Ulrich Meister, who jointly run Credit Suisse’s private banking and wealth management division, as well as Romeo Cerutti, the bank’s general counsel, will join Mr. Dougan at the hearing. A separate panel will include Kathryn Keneally, U.S. assistant attorney general for the Justice Department’s tax division. The hearing will focus on “efforts to hold Swiss banks and their U.S. clients accountable for unpaid taxes on billions of dollars in hidden assets,” according to a press release from the U.S. Senate Permanent Subcommittee on Investigations, which is conducting the hearing. [WSJ]

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  1. Posted by Guest | February 24, 2014 at 2:48 PM

    Dear CS,

    Should have been first to settle, then you wouldn't be going through this.

    Your pal,
    UBS

  2. Posted by Dave Barnhouse | February 28, 2014 at 6:42 AM

    Very useful information blog. I am inspired.

    Thank you

  3. Posted by Brennan Tax | March 18, 2014 at 12:00 PM

    Let's hope this hearing would settle all their issues.

  4. Posted by Printer Ribbon | March 24, 2014 at 2:14 AM

    Great blog post. It’s useful information.