Bank Exec Charges Would Add Bite To DOJ's Bark

Law360, New York (May 6, 2014, 7:32 PM EDT) -- U.S. Attorney General Eric Holder's Monday warning that no bank is "too big to jail" comes amid reports that federal prosecutors are eyeing criminal charges against Credit Suisse Group AG and other foreign banks, but critics say without cases against executives, those tough words will mean little.

Holder's comments came as federal prosecutors continue talks with Credit Suisse and BNP Paribas SA about settlements — which could include guilty pleas to at least one criminal charge — related to charges that they helped Americans evade income tax payments. But as with a guilty plea UBS AG had reached in December 2012...

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