Swiss unit of Deutsche Bank says participating in US tax probe

The headquarters of Deutsche Bank is pictured in Frankfurt in this Oct 29, 2013 file photo. Deutsche Bank's Swiss unit is participating in a US tax programme for banks that may have helped wealthy Americans evade taxes through hidden offshore ac
The headquarters of Deutsche Bank is pictured in Frankfurt in this Oct 29, 2013 file photo. Deutsche Bank's Swiss unit is participating in a US tax programme for banks that may have helped wealthy Americans evade taxes through hidden offshore accounts, a spokeswoman for the Swiss unit said on Thursday. -- PHOTO: REUTERS

ZURICH (REUTERS) - Deutsche Bank's Swiss unit is participating in a US tax programme for banks that may have helped wealthy Americans evade taxes through hidden offshore accounts, a spokeswoman for the Swiss unit said on Thursday.

"I can confirm that we are taking part in the US programme," the spokeswoman told Reuters on Thursday.

Earlier, the Wall Street Journal reported that Deutsche Bank's Swiss unit had entered the US self-reporting programme, citing people familiar with the matter.

About 100 Swiss banks signed up to work with US authorities at the end of last year in a programme brokered by the Swiss government to help the banks make amends for aiding tax evasion.

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