Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down in a boardroom battle with Chief Executive Tidjane Thiam sparked by a scandal over the Swiss bank's spying on executives.
The intervention puts further pressure on the bank to overhaul its leadership, as investors take sides in a scandal that has shaken Switzerland's second-largest bank.Ethos head Vincent Kaufmann, who has been a critic of Rohner for years, told Reuters that Rohner's staying on a further year as planned was not desirable.
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