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UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

  • A Senate Budget Committee investigation revealed that Credit Suisse had more Nazi-linked accounts than previously known and obscured this information in the past.
  • The investigation uncovered tens of thousands of documents showing extensive evidence of previously undisclosed Nazi-linked accounts at Credit Suisse, according to Committee Chairman Sheldon Whitehouse and Ranking Member Chuck Grassley.
  • Neil Barofsky, the independent ombudsman overseeing the investigation, identified accounts for several hundred alleged Nazi intermediaries and stated that Credit Suisse concealed information during past inquiries.
  • The Senate Committee aims to pursue justice for those wronged by Nazi atrocities, and Credit Suisse has shown newfound cooperation under UBS's leadership to set the historical record straight.
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The Swiss major bank Credit Suisse is said to have held accounts for the SS and facilitated the escape of Nazi henchmen to South America. New investigations show that the bank may have deliberately withheld documents on this matter.

·Munich, Germany
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Lean Left

Swiss bank UBS is working with an independent mediator to clarify the status of accounts linked to the Nazi regime, after a Wall Street Journal article revealed that some accounts held at the former bank...

·Romania
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Left

New investigations by the US Senate reveal how the former major Swiss bank Credit Suisse helped hide stolen assets from Jews and helped Nazis flee.

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Left

Surprise: According to the US Senate, US investigators have found many Nazi accounts at Credit Suisse. The investigations are said to have cost a billion US dollars. Asking the CIA would have saved a lot of money.

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Political Wire broke the news in New York, United States on Saturday, January 4, 2025.
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