UBS wants Iqbal Khan, co-head of its wealth management business, to drop his criminal complaint over a spying scandal that emerged after he left cross-town rival Credit Suisse , the SonntagsZeitung newspaper reported on Sunday. UBS’s board would welcome it if Khan abandoned his complaint against the three private detectives who followed him during his last weeks as a Credit Suisse employee, the paper said, citing sources close to the UBS board. Khan, who left Switzerland’s second-biggest bank in July and began working at UBS in October, was under surveillance by private detectives hired by Credit Suisse …read more
Source:: Yahoo Finance
