Credit Suisse Group AG said it’s reviewing how it handled an allegation that a male employee assaulted a female subordinate eight years ago, an incident that was probed twice by London police and resulted in no criminal charges or disciplinary action by the bank.
The alleged victim wrote to Chief Executive Officer Tidjane Thiam about the incident at the start of this year and didn’t receive a timely response, Credit Suisse said in an emailed statement Sunday. Thiam didn’t see the correspondence until Feb. 28, and has ordered a separate internal inquiry as to why he wasn’t made aware of it earlier, Credit Suisse also said.