FINANCIAL TIMES: US attorney-general Eric Holder said publicly on Monday that no company was “too big to jail” as prosecutors moved closer to bringing criminal charges against two European banks.
The Department of Justice is weighing criminal charges against Credit Suisse for allegedly helping US citizens evade taxes and BNP Paribas for processing transactions in violation of US sanctions, people familiar with the matter have said.
A settlement with Credit Suisse in which the parent or subsidiary pleads guilty could be announced in the next few weeks, people familiar with the matter said… (more)
