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Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion

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Three Swiss banks will pay a total of more than $81 million to the U.S. Justice Department to avoid possible prosecution for helping Americans to evade taxes, the department said on Thursday. The three banks, the Swiss unit of BNP Paribas SA ; KBL (Switzerland) Ltd ; and Bank CIC,…

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Click here to read the full story: Reuters

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