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Credit Suisse Said Poised to Plead Guilty in Tax Probe

Credit Suisse Group AG could plead guilty as early as today to resolve U.S. accusations that it conspired to help Americans evade taxes, according to a person familiar with the matter.

The bank, Switzerland’s second-biggest, has reached an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators, said two people, who requested anonymity because the matter isn’t public. Chief Executive Officer Brady Dougan and Chairman Urs Rohner also may step down, SonntagsZeitung reported May 17, without saying how it got the information.