Investment Banking

Credit Suisse’s ‘Spygate’ scandal may go further — report

The spying saga has cast a shadow over the Swiss bank that has threatened its reputation

The spying scandal that hit Credit Suisse over the past year may stretch further than its former high flying private banker Iqbal Khan and ex-head of human resources, according to Swiss newspaper SonntagsZeitung.

Another former employee of the Swiss bank in the US, as well as a staff member in Asia who has since departed were also under surveillance, the newspaper reported, citing people familiar with the matter and an internal bank report.

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