UK Credit

Credit Suisse defeats appeal bid in £66m spying case

By Lucia Osborne-Crowley (February 18, 2022, 12:29 GMT) – An attempt by a former Credit Suisse banker to revive his £66 million ($90 million) case against the investment bank has been rejected by a London judge, who said on Friday the appeal had no chance of succeeding.

Judge Clive Freedman ruled in the High Court that Vadim Benyatov had no right to appeal after losing a bid to prove that his former employer owed him a duty of care to protect him from commercial espionage charges while he was working in Romania.

Judge Freedman said Benyatov, who was head of European emerging markets at Credit Suisse, had…

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