Credit Suisse Staff Probed in Germany in New Tax Case

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The homes of Credit Suisse Group AG customers were raided by prosecutors as part of a tax-evasion probe based on account data obtained by a German state government.

The customers and employees of Credit Suisse units are both being investigated as part of the probe, prosecutors in Koblenz, Germany, said in an e-mailed statement. The case is reviewing whether bank staff helped 201 clients evade German taxes.