27th Feb 2015 06:36
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC's Coutts private banking business is being investigated by German authorities over allegations of aiding client tax evasion, Sky News reported on Thursday.
Sky said Coutts has confirmed the investigation is focusing on its Swiss operation and was concentrating on both the wealth business and on current and former employees.
http://news.sky.com/story/1434844/coutts-faces-client-tax-evasion-inquiry
By Sam Unsted; [email protected]; @SamUAtAlliance
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