UBS Wants Top Exec Iqbal Khan to Withdraw Criminal Complaint
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UBS Group AG wants top executive Iqbal Khan to drop his criminal complaint into a spying episode that roiled Switzerland’s largest banks in recent weeks, according to a media report.
The board of directors of Switzerland’s biggest lender would welcome it if Khan, the bank’s co-head of wealth management, abandons the complaint that is aimed at three private detectives who observed him during his last weeks of leave at Credit Suisse Group AG, Swiss newspaper SonntagsZeitung reported, citing people close to the board.