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Credit Suisse says it's now the object of an investigation by the DOJ related to offshore tax havens.

The investigation seems related to offshore tax havens.

The bank said it's the subject of “a broader industry inquiry" into cross-border services that its private banking arm provided to American clients, which we assume speaks to a similar charges against UBS.

Really, this isn't much of a surprise. 

When four Credit Suisse bankers were indicted earlier this year, the news read:


And from the AP:


Credit Suisse itself is not charged in the indictment.


So UBS bankers, as well as Credit Suisse bankers, have already been charged with helping clients set up accounts in offshore tax havens.

Some of the bankers charged so far:

From UBSRenzo Gadola, who is now the head of RG Investment Partners

From Credit Suisse: Marco Parenti Adami; Emanuel Agustoni; Michele Bergantino; Roger Schaerer -- three of whom left CS before they were indicted; Christos Bagios

The outcome of this, now wider investigation? Unknown. But maybe a settlement.

Here's how a UBS banker helped a New Jersey doctor hide his money offshore >