Swiss investor adviser Ethos calls for Credit Suisse overhaul after spying

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Swiss investor adviser Ethos calls for Credit Suisse overhaul after spying
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Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse ...

Chairman Urs Rohner of Swiss bank Credit Suisse takes part in a panel discussion at the Swiss International Financial Forum in Rueschlikon, Switzerland November 6, 2019. REUTERS/Arnd Wiegmann

The intervention puts further pressure on the bank to overhaul its leadership, as investors take sides in a scandal that has shaken Switzerland’s second-largest bank. “These cases within the management team make our doubts even stronger as to how the board is supervising the bank’s management and how the CEO is supervising his colleagues,” Kaufmann told Reuters.

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