Credit Suisse to Borrow from Khan Playbook in Latest Scandal

  • Bank may seek to pin blame for latest spying on former COO
  • Allegations that bank has had several ex-exmployees followed
Credit Suisse to Report on Second Spying Probe
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Credit Suisse Group AG’s second investigation into a spying crisis may conclude exactly the same way as the first: with the bank saying a rogue operative acted alone without the board or chief executive’s consent in ordering the surveillance of former executives.

The Zurich-based bank is set to report on Monday the results of a probe into claims it spied on ex-human resources head Peter Goerke. It’s leaning toward the conclusion that the office of former chief operating officer Pierre-Olivier Bouee acted alone in ordering the surveillance, according to people with knowledge of the matter.