He Quit Credit Suisse. Then He Caught the Bank’s Spy

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He Quit Credit Suisse. Then He Caught the Bank’s Spy
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For several days, a private investigator hired by Credit Suisse trailed the bank’s former wealth management head, snapping photos along the way.

For several days in September, a private investigator hired by Credit Suisse Group AG trailed the bank’s former wealth management head Iqbal Khan through Zurich, snapping photos along the way. The mandate: find out whether he was trying to recruit colleagues to his new employer, UBS Group AG.

On Sept. 17, Mr. Khan spotted the investigator, people briefed on the events said, triggering a scandal that followed months of tensions between the banker and his former mentor, Credit Suisse Chief Executive Tidjane Thiam.

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