Another Credit Suisse senior manager was followed: NZZ

ZURICH (Reuters) – Another senior Credit Suisse (S:) executive was followed over three days in February, the Neue Zuercher Zeitung reported, suggesting the shadowing of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.

The paper cited documents and photographs documenting the surveillance of former human resources head Peter Goerke in February of this year, just before he left the management board to become a senior adviser at Credit Suisse.

“The circumstances indicate that it was Credit Suisse that via a go-between gave the mandate for this surveillance,” the paper said.

Credit Suisse referred to a statement it gave the paper.

The statement said the investigation it launched via law firm Homburger after news it had Khan followed had turned up no evidence that any other Credit Suisse employee, including Goerke, had been observed.

Credit Suisse Chief Executive Tidjane Thiam said in October a “media campaign” surrounding the Swiss bank’s tailing of former International Wealth Management executive Khan had left clients undeterred and business unscathed.

He was speaking publicly for the first time since the Khan incident in September prompted an internal inquiry which cleared Thiam. Thiam said he had not directly or indirectly authorized the surveillance.

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