Hundreds of Nazi-linked accounts discovered at Credit Suisse, US lawmaker says

A woman walks past the Credit Suisse bank headquarters in London, Thursday, March 16, 2023.(AP Photo/Frank Augstein)
A woman walks past the Credit Suisse bank headquarters in London, Thursday, March 16, 2023.(AP Photo/Frank Augstein)

An investigation has identified 890 accounts at Swiss lender Credit Suisse with potential Nazi links, US Senator Chuck Grassley says before a Judiciary Committee hearing on banks’ facilitation of the Holocaust.

The accounts included previously undisclosed wartime accounts for the German Foreign Office, a German arms manufacturing company, and the German Red Cross, adds the lawmaker, who chairs the committee and has followed the investigation into Credit Suisse for years.

UBS, which acquired Credit Suisse in an emergency takeover in 2023, said last year it was working with former US prosecutor Neil Barofsky to shed light on Nazi-linked accounts held at its former competitor.

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