Equities

Reuters reveals regulator probes board role in Credit Suisse spying scandal

Reuters reveals regulator probes board role in Credit Suisse spying scandal

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives. Switzerland’s market supervisor is scrutinizing Credit Suisse’s oversight of chief executive Tidjane Thiam and his top lieutenants as part of a probe into corporate espionage, Reuters revealed. FINMA is examining whether management control failures led to Switzerland’s second-largest bank snooping on two former executives.