One of Credit Suisse's top executives has quit over a spying scandal

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

A senior executive at one of Europe's largest banks stepped down after an investigation found that he ordered a surveillance operation into an employee who joined a rival.

New Delhi A senior executive at one of Europe's largest banks stepped down Tuesday after an investigation found that he ordered a surveillance operation to spy on an employee who joined a crosstown rival.

Pierre-Olivier Bouée, the chief operating officer of Credit Suisse , has resigned with immediate effect, the bank said Tuesday. Bouée admitted during the investigation by a law firm that he had asked Credit Suisse's head of global security to place Iqbal Khan, head of wealth management, under observation in late August after rival bank UBS announced Khan would be joining them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Another from bank ran exclusively for crooks mafia and terrorists? Big surprise. Lol.

Oh

Spooks - Jan Theuninck, 2010

Damn, they take bank seriously in Europe. He had to see he was taking sensitive info with him. I’m w/ the exec (laughs in sarcasm)

Can you imagine if politicians were as interested in rooting out the cooperation between banks & organized crime / despotic countries as they are in giving tax cuts to the rich. Oh wait, I may be onto something... DeutscheBank 👀

Do you really want to talk about ILLEGAL SURVEILLANCE

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Consultant Linked to Surveillance of Former Credit Suisse Executive Reported DeadA consultant who helped Credit Suisse hire investigators to trail the bank’s former wealth-management chief died in an apparent suicide last week, according to a lawyer in Switzerland. Related to Hillbillary? I'd look into that first. Unidentified consultant who connected bank with private investigators is said to have died by suicide. 🤔
Source: WSJ - 🏆 98. / 63 Read more »

Credit Suisse clears CEO of ordering surveillance of star banker, COO to departCredit Suisse on Tuesday cleared Chief Executive Tidjane Thiam of the botched su...
Source: Reuters - 🏆 2. / 97 Read more »

Credit Suisse Chief Operating Officer Resigns Over Surveillance ScandalPierre-Olivier Bouée resigned after an internal probe found he ordered the surveillance of the former wealth-management chief without discussing it with Chief Executive Tidjane Thiam or other senior bank officials. Please GROW-UP till the level of CHILDREN. We have very less time to become a GOOD HUMAN BEING. Please try to do it FAST. Please GROW-UP till the level of CHILDREN. We have very less time to become a GOOD HUMAN BEING. Please try to do it FAST.
Source: WSJ - 🏆 98. / 63 Read more »

Credit Suisse contractor who hired a spy to trail a former top banker is reportedly dead by suicideThe investigative firm reportedly claimed in a memo to Credit Suisse that its employee acted alone and 'defensively' in the encounter. Wowwwww!!! Capitalism is officially cannibalism!! A little too late for them getting rid of the contractor. This news still broke That connection is suspicious. A spy who committed suicide - hmmm
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fitch downgrades Saudi Arabia's credit rating stressing a 'risk of further attacks'Saudi Arabia's strong credit rating has been taken down a notch by a major ratings agency thanks to geopolitical risks and concerns over the safety of its economic infrastructure. The cost of withdrawing from the 2015 nuclear agreement. Americans didn’t vote for the POTUS who withdrew from it 😓💸 Dr_Ulrichsen Game over
Source: CNBC - 🏆 12. / 72 Read more »

Watch for these 5 big credit card changes coming soonNewer, shinier, more exciting cards, with richer rewards or better fraud protection are around the corner.
Source: MarketWatch - 🏆 3. / 97 Read more »