ZURICH (dpa-AFX) - Credit Suisse Group AG (CS) placed five employees on leave while it conducts an internal investigation, Swiss newspaper Schweiz am Sonntag reported Sunday, citing internal sources.
The five worked on Credit Suisse's Israel desk, focusing on initial public offerings for Israeli technology companies, Schweiz am Sonntag reported.
The investigation into the employees, one of whom held a managerial position, is linked to possible breaches of U.S. tax laws by Israelis, the newspaper reported.
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