Credit Suisse Settles Spying Case
Credit Suisse Settles Spying Case By Ashley Palya on July 26 2021 4:47 AM Credit Suisse CEO Thomas Gottstein said the "loss in our Prime Services business relating to the failure of a US-based hedge fund is unacceptable". AFP / Fabrice COFFRINI Multinational bank Credit Suisse announced Sunday that it reached a settlement with a former banker over spying allegations. The allegations had prompted the bank's CEO to resign in February 2020. Financial terms about the settlement were not released and a spokesperson for the banker said the...