ZKB says cooperating with US offshore account probe

ZURICH | Thu Dec 22, 2011 10:40am EST

ZURICH Dec 22 (Reuters) - Zuercher Kantonalbank is cooperating with U.S. officials cracking down on alleged tax evaders by handing over material such as internal memorandums and other documents, a bank spokesman said on Thursday.

No data which identifies clients directly is being sent to the U.S. as part of the move, a spokesman for local government-controlled ZKB said.

ZKB is one of eleven banks that U.S. justice officials allege helped wealthy Americans evade taxes through hidden offshore accounts.

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