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Credit Suisse Spied on Seven Executives, Broke Swiss Rules, Regulator Says

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Credit Suisse Spied on Seven Executives, Broke Swiss Rules, Regulator Says

Credit Suisse Group AG’s efforts to spy on top executives were broader than previously known and broke Swiss supervisory law, that country’s financial regulator said Tuesday.

The regulator, Finma, said that senior management knew about at least some of the seven surveillance campaigns it documented, pushing back on the bank’s claims that rogue employees were to blame.

Source: WSJ

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