Credit Suisse clears CEO Tidjane Thiam of ordering a surveillance of former wealth management head Iqbal Khan, but said his right-hand man has resigned over the botched spying case. Read more:
) before moving in 2015 to Credit Suisse - stepped down from his role to take responsibility for the matter, the bank said on Tuesday.
A second banker who worked with both added that, while Thiam and Bouee had a good working relationship, Thiam did not maintain an inner circle of closer contacts amongst his team. Only two employees - Bouee and the security boss under him, who also resigned - knew of the surveillance, the probe found.
Under his watch, the International Wealth Management business he led more than doubled profits and sharply boosted the client assets it handles.
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