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Credit Suisse restricts staff travel to Germany

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Credit Suisse restricts staff travel to Germany

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Credit Suisse says it is restricting its bankers’ travel to Germany after the authorities there said they were investigating 1,100 of the bank’s clients for tax evasion. Staff are also under scrutiny on suspicion of aiding evasion. It comes after the German state of North Rhine-Westphalia bought a CD holding client data.