Italian Police Would Like A Word With Credit Suisse

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Also, a look around its Milan digs. You know, just in case there’s anything sitting around about the Swiss maybe helping some Italians hide a few euros in Bermuda.

Italian media have reported that the searches were linked to an investigation into alleged tax evasion by around 1,000 wealthy Italians for an estimated 8 billion euros ($9.45 billion).

Credit Suisse says Milan offices searched by Italian police [Reuters]