Swiss Bank Wegelin Pleads Guilty in U.S. Tax Evasion Probe

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Otto Bruderer, managing director of Wegelin & Co., center, arrives at... News PhotoArrival,Bank Manager,Banking,Bill,Courthouse,Crime,Finance,Government,Horizontal,Justice - Concept,Law,Legal System,Managing Director,North,North America,Police Force,Swiss Culture,Switzerland,Tax,Tax Evasion,The Americas,USAPhotographer Collection: Bloomberg 2013 BloombergOtto Bruderer, managing director of Wegelin & Co., center, arrives at U.S. federal court in New York, U.S. on Monday, March 4, 2013. Wegelin & Co., Switzerland’s oldest private bank, may pay U.S. authorities as much as $74 million after pleading guilty to helping American taxpayers hide assets from the Internal Revenue Service. Photographer: Louis Lanzano/Bloomberg via Getty Images