By Andrew R. Johnson
New York's top financial regulator has sought numerous documents
from Credit Suisse Group AG (CS) in an ongoing tax-evasion probe of
the Swiss bank, according to a person familiar with the matter.
The New York Department of Financial Services sent a subpoena to
Credit Suisse demanding the bank turn over emails, personnel files,
travel records, expenses, hard drives and other materials from its
New York office, this person said.
The agency, which regulates the bank's New York office, has been
investigating whether Credit Suisse helped clients avoid paying
state taxes. The bank also faces an ongoing federal probe over
similar allegations.
A Credit Suisse spokesperson couldn't immediately be reached for
comment. The Financial Times reported on the subpoena earlier
Tuesday.
Write to Andrew R. Johnson at AndrewR.Johnson@wsj.com
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