Zurich — Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident. COO Pierre-Olivier Bouée arranged for the Swiss bank’s then head of human resources to be followed in February and then covered it up, it said.

Switzerland’s second-biggest bank confirmed it was behind the second internal spying scandal to surface in 2019 after a newspaper report last week gave details of former HR head Peter Goerke’s being tailed. 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...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.