Credit Suisse | CEO quits after SHOCKING spying scandal

Following the ‘spying’ scandal that Credit Suisse has been embroiled in over the last few months, the firm’s CEO Tidjane Thiam has announced his exit from the bank – the BBC reported.

While Thiam denied knowledge of the covert operations – that saw two former employees put under surveillance after they quit to join rival firms – his resignation comes after reported strains between himself and the firm’s Chairman, Urs Rohner.

In a statement, Thiam said: “I had no knowledge of the observation of two former colleagues.

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“It undoubtedly disturbed Credit Suisse and caused anxiety and hurt. I regret that this happened, and it should never have taken place,” he added.