European probe widens into tax manoeuvre

Germany-led investigation has recently broadened to involve tax authorities and prosecutors in other countries

European prosecutors and tax authorities are expanding an investigation into complex stock trades that global banks allegedly used to help their clients fraudulently earn tax rebates, according to government officials and lawyers familiar with the probe.

The investigation, being led by German prosecutors and tax officials, has recently broadened to involve tax authorities and prosecutors in other countries.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire