Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Credit Suisse's Thiam, Rohner blast reports of Khan incident as sensational

Credit Suisse's Thiam, Rohner blast reports of Khan incident as sensational
FILE PHOTO: CEO Tidjane Thiam (L) and Chairman Urs Rohner of Swiss bank Credit Suisse attend the bank's annual shareholder meeting in Zurich, Switzerland April 27, 2018. REUTERS/Arnd Wiegmann -
Copyright
ARND WIEGMANN(Reuters)
Euronews logo
Text size Aa Aa

ZURICH (Reuters) – Credit Suisse <CSGN.S> Chief Executive Tidjane Thiam and Chairman Urs Rohner said on Monday a detailed inquiry is under way into an incident involving ex-employee Iqbal Khan and blasted media reports as having “sensationalised both facts and events”.

“Please rest assured that a detailed inquiry has been launched by the Board of Directors into these events and we are confident that the truth will emerge,” the two leaders wrote, according to an internal memo seen by Reuters.

Zurich prosecutors have opened a criminal investigation into the incident last week in which private detectives allegedly shadowed Khan, newly named as UBS’s <UBSG.S> wealth management co-head, and his wife.

(Reporting by Oliver Hirt and John Miller; Editing by Michael Shields)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.