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Credit Suisse conducts probe into alleged trader misconduct

The probe centres on a veteran trader and alleged lewd conduct on a London desk

An internal Credit Suisse investigation into allegations of inappropriate employee behaviour has roiled the bank's European stock trading desk, according to people familiar with the probe, in the latest example of a major bank uncovering potential problems as it sifts through employees' electronic communications.

A veteran trader on the European equities sales desk, which serves as a hub for the bank's relationships with major hedge funds and other asset managers, has been suspended since February, the people said. Her boss, a managing director who runs the London desk, also went on leave this summer in connection with the probe, they said.

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