Credit Suisse said on Tuesday that Pierre-Olivier Bouée had left with immediate effect after the board of directors ruled that a two-week spying operation was “wrong and disproportionate and has resulted in severe reputational damage to the bank”. The bank also announced that a private security consultant who had helped Bouée organise the spying had apparently killed himself. Facebook Twitter Pinterest The Credit Suisse chairman, Urs Rohner, at a press conference on the spying scandal on Tuesday. He was reportedly ambitious to rise further up the ranks at Credit Suisse but had been frustrated by Credit Suisse’s chief executive, Tidjane Thiam 57. “The chief operating officer assumed responsibility for this matter and submitted his resignation to the board of directors, which has been accepted with immediate effect,” the bank said.

Source: The Guardian October 01, 2019 06:34 UTC