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Settlement reached in spying scandal that rocked Credit Suisse
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Credit Suisse settles spying case with former banker
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Credit Suisse Settles With Former Executive Iqbal Khan Over Spying Scandal
ZURICH (dpa-AFX) - Credit Suisse Group AG (CS) reached a settlement with its former wealth-management executive Iqbal Khan and private investigators over a spying scandal that rocked the Swiss bank in 2019, according to several media reports. The spying scandal ultimately led to the ouster of its chief executive officer Tidjane Thiam last year.
The settlement involves ending criminal complaints between Khan and the investigators and related legal action, the reports said.
In February 2020, Tidjane Thiam resigned as Chief Executive officer of Credit Suisse in the wake of a spying scandal at the Swiss bank.
North American Morning Briefing: Stock Futures Retreat After Dow s Record
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