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Credit Suisse CEO defends bank over Panama Papers

HONG KONG: The CEO of Credit Suisse said Tuesday the bank does not endorse offshore accounts for tax avoidance or shady dealings, the latest bank to defend itself against accusations made in the Panama Papers leak.

World stocks inch towards all-time high

LONDON: World shares were within touching distance of an all-time high on Monday, spurred on by the combination of record low global interest rates and the improving health of major economies. European markets opened on the front foot…