Did Tidjane Thiam know about the latest alleged spying plans?

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Tidjane Thiam's Probable Knowledge of Spying Plans

Swiss media reports suggest it is highly probable that Tidjane Thiam was aware of the latest alleged spying plans at Credit Suisse before his resignation. These reports stem from fresh allegations that the bank had planned to follow the ex-husband of Thiam's partner. Thiam, who stepped down as CEO in February 2020, was previously forced to resign following revelations of similar surveillance activities.
Allegations of Following Partner's Ex-Husband

Newspaper reports from Le Matin Dimanche and the SonntagsZeitung have brought forth allegations that Credit Suisse had also plotted to conduct surveillance on the ex-husband of Thiam's partner. While the extent to which these specific plans were executed remains unclear, the media cited unnamed sources indicating a high likelihood of Thiam's prior knowledge. This latest allegation adds to a series of spying incidents that have plagued the financial institution.
Previous Spying Scandals Leading to Resignation

The fresh allegations follow earlier revelations that led to Thiam's departure. Credit Suisse had previously hired investigators to tail Iqbal Khan, a senior executive who had decided to move to a rival firm, UBS. Investigations also uncovered that the bank had engaged in surveillance of its former head of human resources. These prior incidents, involving the tracking of key personnel and rivals, significantly damaged the bank's reputation and led to Thiam's resignation.
FINMA's Probe and Supervisory Law Breaches

Switzerland's financial regulator, FINMA, has been conducting its own probe into Credit Suisse's activities. FINMA's investigation revealed that between 2016 and 2019, Credit Suisse planned seven instances of surveillance, with most of these operations being carried out. The regulator identified "serious breaches of supervisory law" and has subsequently imposed punitive measures on the bank, including reprimands for two individuals and the initiation of enforcement proceedings against three others.

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Did Tidjane Thiam know about the latest alleged spying plans?

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