German Prosecutors Search Credit Suisse Offices in Tax-Dodge Probe

Prosecutors in Germany raided 13 offices of Credit Suisse AG on Wednesday as the government searched for evidence that bank employees may have assisted customers in evading taxes.

This news comes amid a broad assault on Swiss bank secrecy and the country's status as a leading tax haven. The German case is the latest in which countries are using bank account data taken by bank employees to initiate investigations.

More on this story may be found in the Wall Street Journal.