Credit Suisse vs. American Express in Chile

Business is war. We all know that. How's this for some bare-knuckled tactics: America Express Bank, before it was sold to Standard Chartered, charges that one Daniel Rosenkranz, 47--a Swiss national and possible Credit Suisse employee--spent roughly 10 days in Amex's bank offices in Chile in December 2007 without permission. The suit, as recounted by Investment Dealers' Digest, charges that Rosenkranz used flash drives and printers to gather information about clients and then contacted to obtain signatures for new accounts with Credit Suisse. Surveillance tape shows Rosenkranz exiting with boxes and bags of documents. I wonder if he got a raise. This sort of stuff happens. You also have to wonder how many new clients this netted Credit Suisse.  

For more:
- here's the IDD article (for FierceFinance readers)