Spies and Threats Set Stage for Big Credit Suisse Decision
- Fate of top executives to be decided after Khan surveillance
- Thiam fell out with former wealth head, who is moving to UBS
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Credit Suisse Group AG is approaching a crucial decision on management that could shape its path for years, after a week of tumult exposed a deep rift at the top of the second-largest Swiss bank.
Chairman Urs Rohner is set to decide on the fate of executives implicated in the surveillance of former wealth-management head Iqbal Khan at a board meeting on Monday, according to a person with knowledge of the matter. Rohner will determine who ordered and knew about the spying, which took place after Khan decided to move to UBS Group AG, and whether policies were violated. The bank will likely give its verdict the next day, the person said.