Credit Suisse executive quits after snooping on ex-manager

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Swiss bank Credit Suisse says a senior executive and the head of its security operation have resigned over a decision to snoop on a former wealth management chief, Iqbal Khan, who joined rival bank UBS

Bank says chief operating officer Pierre-Olivier Bouee "assumed responsibility for this matter" and that they have accepted his immediate resignation. Its head of global security services is also leaving immediately.

Credit Suisse said chief operating officer Pierre-Olivier Bouee "assumed responsibility for this matter" and that the bank accepted his immediate resignation. Its head of global security services is also leaving immediately. Credit Suisse said it ultimately turned up no indications that Khan had tried to poach employees or clients.

 

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