Credit Suisse has handed over the names of 1000 of its employees–former and current client advisors to US criminal authorities investigating tax evasion by Americans in Swiss accounts. These employees processed payments to the US clients. The information is expected to be used for more indictments of individuals in the US who committed tax evasion but may also result in prosecutions against the bank employees themselves. The Department of Justice is committed to halting tax evasion through use of private tax havens and banks that service them. An investigation is presently targeting the Caymen Islands and other locations.Like many other banks, Credit Suisse was required to pass on information of this kind since an agreement was reached between the Swiss cabinet and the US Department of Justice in August 2013.