Credit Agricole's 88 Million Euro Tax Settlement

Credit Agricole just coughed up €88.2 million to settle a criminal probe over shady dividend-arbitrage trades used to dodge French taxes. This landmark settlement signals a major crackdown on controversial tax strategies, sending shockwaves through the financial world as other banks brace for impact. Is this the end of tax-driven deals or just the beginning of a costly battle for Wall Street? Hosted on Acast. See acast.com/privacy for more information.