![\"\"](\"http:\/\/www.reunion68.com\/Biuletyn\/img\/jns-1.png\")
<\/a>Investigation uncovers hundreds of Nazi-linked accounts at Credit Suisse<\/a><\/strong><\/span><\/span><\/h5>\nAndrew Bernard<\/strong><\/span><\/p>\n The Senate Judiciary Committee heard testimony about newly uncovered links between the Nazis and a Swiss banking conglomerate, amid an ongoing legal dispute over restitution to Holocaust victims.<\/span><\/p>\n Sen. Chuck Grassley (R-Iowa), committee chair, told reporters before Tuesday\u2019s hearing that an independent investigator found 890 accounts with potential Nazi links at Credit Suisse, which UBS acquired in 2023.<\/span><\/p>\n \u201cThese accounts were once used by individuals or entities who participated in or assisted Nazi war efforts,\u201d Grassley said. \u201cThat includes wartime accounts for the German Foreign Office, a German arms manufacturing company and the German Red Cross.\u201d\u00a0<\/span><\/p>\n \u201cCredit Suisse\u2019s connection to all three of these entities was previously unknown, or only partially known,\u201d Grassley told reporters. \u201cThe investigation also found evidence that Credit Suisse\u2019s banking relationship with the SS was more extensive than we knew before.\u201d<\/span><\/p>\n Nazi Germany and members of the Nazi party had extensive relationships with Swiss banks before, during and after World War II, taking advantage of Swiss neutrality and the country\u2019s banking secrecy laws to shelter assets, including wealth seized from Jews during the Holocaust.<\/span><\/p>\n Jewish groups, historians, national inquiry commissions and the Swiss banks themselves have since undertaken efforts to reveal the role that Switzerland played as a banker for the Nazis.<\/span><\/p>\n Neil Barofsky, an independent ombudsman employed first by Credit Suisse and now by UBS to investigate those links, told senators on Tuesday that despite its claims of transparency, UBS is now engaged in efforts to stymie his investigation.<\/span><\/p>\n \u201cShortly after I told UBS that this committee was considering holding this hearing, UBS informed me that it would, for the first time, conduct a privilege review and withhold certain relevant, privileged materials from me and my team,\u201d Barofsky testified.\u00a0<\/span><\/p>\n \u201cUnless UBS reverses course, the results may be stark. I will be unable to completely test the bank\u2019s work in any area in which information is withheld from me,\u201d he told the committee. \u201cI will be unable to report on the content of the relevant documents withheld, including whether they impact any of the investigation\u2019s findings, and I will be unable to provide assurance in my final report that the investigation has truly left no stone unturned.\u201d<\/span><\/p>\n In 1999, Swiss banks including UBS and Credit Suisse settled a lawsuit with Jewish groups and Holocaust victims for $1.25 billion. That settlement covered all claims \u201cin any way relating to the Holocaust, World War II and its prelude and aftermath, victims or targets of Nazi persecution, transactions with or actions of the Nazi regime\u201d or \u201cany related cause or thing whatever.\u201d<\/span><\/p>\n UBS general counsel, Barbara Levi, told senators that its claim of legal privilege over the documents Barofsky sought is intended to shield the bank from further lawsuits in spite of the comprehensive wording of the 1999 settlement.<\/span><\/p>\n \u201cThis is a small set of documents,\u201d Levi said. \u201cWe are talking about less than 300 documents versus 16.5 million documents that have been produced so far.\u201d\u00a0<\/span><\/p>\n Levi also noted in her testimony that her family was \u201ctragically impacted by the Holocaust,\u201d and her colleague Robert Karofsky, president of UBS Americas, noted that he was a \u201cproud Jewish-American.\u201d<\/span><\/p>\n \u201cThe reason that on this specific set of documents we have claimed the privilege is that these documents refer to the 1999 Holocaust litigation, which is a specific subject matter that we are in threat of litigation by the Simon Wiesenthal Center and others,\u201d Levi testified.<\/span><\/p>\n The investigator, Barofsky, told senators that each \u201cdocument\u201d that UBS is shielding could contain hundreds or thousands of pages of records.<\/span><\/p>\n \u201cPicture the final scene in \u2018Raiders of the Lost Ark.\u2019 That\u2019s what the Credit Suisse archives are like,\u201d Barofsky said. \u201cYou line documents from here, you almost get it back to my home in New York City.\u201d<\/span><\/p>\n The World Jewish Congress, which was one of the lead plaintiffs in the 1999 settlement, has expressed interest in re-opening the settlement based on Barofsky\u2019s findings.<\/span><\/p>\n \u201cWe probably left $5 to $10 billion on the table,\u201d Ronald Lauder, president of the congress,\u00a0told<\/a>\u00a0Bloomberg<\/em>\u00a0in January. \u201cI said to myself, \u2018We\u2019re not going to make that mistake again.\u2019\u201d<\/span><\/p>\n The commission of inquiry that contributed to the 1999 settlement focused largely on Swiss bank accounts that the Nazis seized from Jews or that lay dormant after their Jewish owners were killed.<\/span><\/p>\n Barofsky testified on Tuesday about more extensive links between Nazi Germany and Swiss banks than has previously been reported, and the role that those banks played in helping Nazis evade justice after the war.<\/span><\/p>\n \u201cCredit Suisse had maintained bank accounts for many of the key operatives of this so-called \u2018rat line,\u2019 and it is almost certain that it is from those accounts that bribes were paid to French and Swiss officials in order to clear a path for these Nazi war criminals to a life of luxury and prosperity in Argentina as they fled Allied justice,\u201d Barofsky said.<\/span><\/p>\n Both Republican and Democratic senators expressed frustration that UBS has refused to waive its legal privileges and allow Barofsky and Jewish groups investigating the bank\u2019s collusion with the Nazis to publish conclusive findings.<\/span><\/p>\n Sen. John Kennedy (R-La.) compared the efforts of UBS executives to shield their bank from contemporary litigation to the greed of Swiss bankers during the war.<\/span><\/p>\n \u201cThat\u2019s what this is still all about, isn\u2019t it? The money,\u201d Kennedy said. \u201cIt was about the money when your predecessors took the Nazi money, and it\u2019s about the money right now.\u201d<\/span><\/p>\n \u201cThe smart play here for you is to release these documents and let Mr. Barofsky finish his report and let the chips fall where they may, and then, in front of God and country, if you owe more money, then by God pay it,\u201d Kennedy said.<\/span><\/p>\n Zawarto\u015b\u0107 publikowanych artyku\u0142\u00f3w i materia\u0142\u00f3w nie reprezentuje pogl\u0105d\u00f3w ani opinii Reunion’68,<\/em> Investigation uncovers hundreds of Nazi-linked accounts at Credit Suisse Andrew Bernard UBS executives told U.S. senators that the Swiss bank fears litigation from Jewish groups over Holocaust restitution claims as it refuses to release additional documents. Rabbi Abraham Cooper, Robert Karofsky, Global Wealth Management President at UBS Americas, Barbara Levi, General Counsel at UBS Group […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[33,24],"_links":{"self":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/127851"}],"collection":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127851"}],"version-history":[{"count":6,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/127851\/revisions"}],"predecessor-version":[{"id":127902,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=\/wp\/v2\/posts\/127851\/revisions\/127902"}],"wp:attachment":[{"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reunion68.se\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nUBS executives told U.S. senators that the Swiss bank fears litigation from Jewish groups over Holocaust restitution claims as it refuses to release additional documents.<\/strong><\/h4>\n<\/div>\n
![](\"https:\/\/me.jnsi.org\/uploads\/2026\/02\/GettyImages-2259222610-1320x880.jpg\")
Rabbi Abraham Cooper, Robert Karofsky, Global Wealth Management President at UBS Americas, Barbara Levi, General Counsel at UBS Group AG, and Neil Barofsky, partner at Jenner and Block LLP, testify during a Senate Judiciary Committee hearing titled “The Truth Revealed: Hidden Facts Regarding Nazis and Swiss Banks,” on Capitol Hill in Washington, DC, on Feb. 3, 2026. (Photo by Roberto Schmidt\/AFP via Getty<\/em> Images)<\/span><\/p>\n
\n
\nani te\u017c webmastera Blogu Reunion’68, chyba ze jest to wyra\u017anie zaznaczone.
\nTwoje uwagi, linki, w\u0142asne artyku\u0142y lub wiadomo\u015bci prze\u015blij na adres:
\n<\/em>webmaster@reunion68.com<\/span><\/a><\/em><\/strong><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n
\n","protected":false},"excerpt":{"rendered":"