(Bloomberg) -- A U.S. Senate committee report will reprimand Credit Suisse Group for helping American clients dodge taxes and will criticize the Justice Department for not pursuing offshore banks aggressively enough, according to two people with knowledge of the findings.
The report outlines how Credit Suisse, the second-biggest Swiss bank, helped clients hide cash transfers and offered accounts not declared to the Internal Revenue Service, according to the people, who asked not to be identified because the report is not yet public. The bank used a variety of other evasive techniques, including ferrying clients in a special elevator at Zurich airport and meeting them in off-site locations, one of the people said.
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