7 janvier 2025|
AI
|11 months agoUBS to Investigate Potential Undisclosed Nazi-Linked Accounts
Swiss bank working with independent ombudsman to examine possible unreported WWII-era accounts
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Generated IllustrationKey Takeaways
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- UBS is working with an independent ombudsman to investigate potential unreported Nazi-linked accounts
- Former US prosecutor Neil Barofsky is examining 3,600 boxes of previously unseen files
- The investigation follows UBS's acquisition of Credit Suisse in 2023
- The Bergier Commission's investigation from 1996-2001 was time-constrained and faced cooperation challenges
By The Numbers
3,600
boxes of unseen files under investigation
1996-2001
duration of Bergier Commission investigation
They Said
"The Bergier Commission uncovered so much documentation that we couldn't go through it all in the five years of our mandate"
"In some cases we suspected [a] withholding [of information], but we weren't informed and we didn't have the proof"