Credit Suisse offices raided in tax probe

About 150 police officers searched branches in Berlin and Munich, among other cities, after a CD emerged apparently detailing tax evasion via Switzerland. The disc, for which authorities reportedly paid €2.5m to an unnamed individual, allegedly contains information on about 1,100 wealthy Germans. Prosecutors suspect €1.2bn euros of undeclared income was stashed in the Swiss accounts by the 1,100 people. Investigations were launched into the individuals, but now officials have turned their attention to bank staff for allegedly aiding and abetting customers to avoid taxes, writes the...