Credit Suisse spying affair shows European banking has a succession crisis

Thiam2_Alamy_230x150
By David Rothnie
10 Oct 2019

One of the lessons from the Credit Suisse spy scandal is that there is a dearth of talent capable of leading Europe’s banks through their most challenging period. A succession crisis looms, writes David Rothnie.

The Credit Suisse spying affair has highlighted the ugly consequences of vaulting ambition. Events took a tragic turn on October 1 with the suicide of a contractor involved in the surveillance of Iqbal Khan, the former head of the bank’s wealth division. This placed the rivalry between ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial