BNP Paribas and HSBC among the lenders under investigation over trades related to dividend payments via IrishTimesBiz
SocGen and BNP Paribas confirmed the searches. The other banks did not return requests for comment.
Those trades have led to a wave of raids in Germany, including at international banks such as JPMorgan Chase, Barclays and Morgan Stanley, while several bankers and a senior tax inspector have. Related searches have also been conducted at banks in Britain at the behest of German investigators, who are examining the role of 100 banks on four continents.
The raids on Tuesday were designed to collect evidence about the way the dividend trades were orchestrated and if there had been deliberate efforts to help clients evade tax, according to a person familiar with the investigation.
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