Credit Suisse Chair's COVID Snafu Raises Questions
Zurich-based Credit Suisse was forced into admitting that
Chairman António Horta-Osório violated quarantine rules related to high-risk
countries when leaving Switzerland for Lisbon earlier this month. The Swiss
bank said the Portuguese-British banker had done so unknowingly.
The Swiss tabloid which brought Horta-Osório's travel to
light cast doubt on this version, reporting on Friday that he had enlisted
Felix Gutzwiller, a well-connected Swiss former politician and epidemiologist,
to ask how his ten-day quarantine could be shortened or suspended.
In The Dark Or Knowingly?
Gutzwiller, who remains influential in local political
circles, told the bank that Horta-Osório needed to hew to the quarantine
imposed on travelers from so-called high-risk countries, «Blick» (in German)
reported on Friday. This contradicts Credit Suisse's statement that
Horta-Osório had left Switzerland without knowing he was meant to stay put.
Credit Suisse officials reportedly grew so concerned over
Horta-Osório's actions that they nudged him to inform Finma proactively of the
issue. Because a knowing violation of COVID rules could have questioned his
fitness and probity, Horta-Osório told the Swiss regulator he wasn't aware he
would have been required to quarantine, the outlet suggests.
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