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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Leaning Left10Leaning Right7Center12Last UpdatedBias Distribution41% Center
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