Credit Suisse does not help its wealthy clients to dodge paying taxes, chief executive officer Tidjane Thiam said on Tuesday, in the wake of suggestions made in leaked Panamanian documents that the Swiss bank has participated in widespread evasion.
Speaking to journalists in Hong Kong on the sidelines of a conference, Thiam also said that there would be no let-up in Credit Suisse's aggressive pursuit of Asia’s bulging billionaire ranks, whom he likened to present-day Rockefellers and Carnegies.
Documents held by Panama-based law firm Mossack Fonseca were passed to German newspaper Sueddeutsche Zeitung and then shared with the International Consortium of Investigative Journalists. Dubbed the...
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