Credit Suisse 'regrets' misconduct, blames rogue staff | Bangkok Post: news

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Credit Suisse 'regrets' misconduct, blames rogue staff

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The head of Credit Suisse expressed regret Wednesday that his bank helped US clients hide billions from the tax man, but blamed the wrongdoing on a small band of rogue employees. 

Credit Suisse CEO Brady Dougan gestures during a press conference on July 22, 2010 in Zurich

The bank could and should have done more to stop workers from aiding and abetting tax evasion on behalf of American account holders, chief executive Brady Dougan said.

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