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Credit Suisse hands over names

Swiss bank Credit Suisse yesterday said it will pass the names of clients holding French securities to the French markets authority. A Credit Suisse spokesman said the bank, one of the world’s biggest wealth managers, has sent a letter to French clients holding French stocks or bonds. Access to Swiss client names is a sensitive issue, with UBS locked in a battle with US regulators to preserve the identity of the names of its Swiss clients amid a crackdown on tax havens.