Weekly Roundup: Germany Launches Investigation Into Credit Suisse Clients, Britain Eyes Three ALSTOM Execs for Bribery and Laundering, And More

With the $536 million penalty for sanctions violations still fresh in the minds of compliance officers, Credit Suisse faces new problems. On Sunday, Reuters reported that Germany is currently investigating 1,100 Credit Suisse clients for suspected tax evasion violations. More The query was prompted by suspicious client data found on a computer disk and the successful U.S. led investigation of UBS, according to Reuters. UBS agreed to pay $780 million in February for helping 17,000 U.S. citizens evade paying taxes on offshore revenue. More On Wednesday, the United Kingdom's Serious Fraud Office (SFO) announced the arrest of three ALSTOM board...