An internal investigation by Credit Suisse has found that António Horta-Osório breached coronavirus quarantine rules a second time, raising questions about the chair’s personal judgment as he tries to lead a cultural overhaul of the scandal-plagued lender.
The probe uncovered that Horta-Osório failed to obey Covid-19 rules when he flew to London and subsequently watched the Wimbledon tennis finals on July 10 and 11, according to people familiar with the matter. At the time, Switzerland was on the UK’s amber list and travellers were required to isolate for 10 days on arrival.
The findings of the investigation, which was first reported by Reuters, were presented two weeks ago to the board’s audit committee, which will now decide whether to take further action. Romeo Cerutti, the bank’s top lawyer, is overseeing the probe.