Credit Suisse blames former COO for covering up second spying case

Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank’s then-head of human resources followed in February and covered it up. Switzerland’s second-biggest bank confirmed it was behind the second internal spying scandal to surface this year after a newspaper report last week detailed former HR head Peter Goerke’s tailing. The matter comes as an embarrassment to Credit Suisse after an earlier probe into spying on wealth management executive Iqbal Khan depicted the incident as a one-off. …read more

Source:: Yahoo Finance

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