Jan 9 (Reuters) - UBS is set to pay a minimum

of hundreds of millions of dollars to settle Credit Suisse's

violations of an earlier agreement with the U.S. Department of

Justice over customers in the U.S. who evaded tax, the Wall

Street Journal reported on Thursday.

A settlement could come as soon as this week, WSJ reported,

citing people familiar with the matter.

UBS and the DOJ did not immediately respond to a request for

comment.

A U.S. Senate Finance Committee in 2023 found that Credit

Suisse violated the plea deal made in 2014 with U.S. authorities

by continuing to help ultra-wealthy Americans evade taxes and

concealing more than $700 million from the government.

The committee said that UBS or the Swiss government should

assume responsibility for any future fines.

UBS-owned Credit Suisse in 2014 became the largest bank in

20 years to plead guilty to a U.S. criminal charge, agreeing to

pay a $2.5 billion fine for helping Americans evade taxes in a

conspiracy that spanned decades.