Reuters reveals regulator probes board role in Credit Suisse spying scandal

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives. Switzerland’s market supervisor is scrutinizing Credit Suisse’s oversight of chief executive Tidjane Thiam and his top lieutenants as part of a probe into corporate espionage, Reuters revealed. FINMA is examining whether management control failures led to Switzerland’s second-largest bank snooping on two former executives.