Financial Accounting News

Former Credit Suisse Executive Alleges Bank Had Her Followed (1)

Dec. 12, 2019, 12:13 PM

A former Credit Suisse Group AG employee in the U.S. alleges that the Swiss bank had her followed after she was involved in an accounting dispute at a struggling technology joint venture, adding to the lender’s woes after a spying scandal earlier this year.

The Swiss bank and Palantir Technologies Inc, a firm seed-funded by the U.S. Central Intelligence Agency, together founded Signac in 2016 to detect unauthorized trading by employees. Colleen Graham left the lender after 20 years to join Signac as chief supervisory officer. She alleged in a U.S. Department of Labor court filing that Credit Suisse...

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