Credit Suisse targeted Greenpeace after the environmental group staged a dramatic protest at one of the bank’s events, according to newspaper Sonntagszeitung.
After the group’s activists abseiled from the ceiling and unfurled a banner over the podium at the annual shareholder meeting in 2017, Credit Suisse got on Greenpeace’s e-mail distribution list of upcoming protests. The bank then set up construction projects with blockades at the protest sites to keep the activists at a distance, according to the paper.
A Credit Suisse spokesman said he couldn’t comment on the bank’s security measures. The newspaper cited Greenpeace spokeswoman Natalie Favre as saying the group was looking into the matter and couldn’t comment further. When contacted by Bloomberg, a spokesman referred to Favre’s statement.
Switzerland’s second-biggest bank has been rocked by scandal after it emerged that a lieutenant of Chief Executive Officer Tidjane Thiam hired spies to track former wealth management head Iqbal Khan. While Credit Suisse called the incident isolated, it turned out that the aide also ordered surveillance of former human resources head Peter Goerke.