No evidence of Thiam involvement in spying, says CS

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By Jasper Cox
01 Oct 2019

An investigation initiated by Credit Suisse has found no indication that chief executive Tidjane Thiam approved the observation of its former employee Iqbal Khan. Chief operating officer Pierre-Olivier Bouée has resigned after he declared that he alone requested the surveillance.

The investigation, carried out by law firm Homburger, found that Bouée ordered the Swiss bank’s head of global security services to start observing Khan on August 29, when UBS announced it was hiring him as co-president of the wealth management group.

The investigation findings were made public on ...

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