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Credit Suisse could face New York tax probe

7 April 2014 Last updated at 22:31 BST

Credit Suisse could be in the regulators' firing line.

New York's Superintendent of Financial Services, Benjamin Lawsky, has reportedly demanded to see some of the Swiss bank's documents.

The probe would look into whether Credit Suisse lied to New York authorities about creating tax shelters for wealthy Americans.

Michelle Fleury reports.

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