Credit Suisse Accused of Holding and Hiding Nazi-Linked Accounts

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Source: Axios
Credit Suisse Accused of Holding and Hiding Nazi-Linked Accounts
Photo: Axios
TL;DR Summary

Credit Suisse held nearly 100 accounts linked to German Nazis and members of Nazi-linked groups in Argentina, some until recent years, according to two confidential reports released by the Senate Budget Committee. Jewish advocates have long argued that the Zurich-based bank played a larger role in supporting the Third Reich and its top officials than was previously known. The revelations are likely to intensify pressure on the institution to further investigate its role in supporting Nazis both during and after the war. Credit Suisse has agreed to expand the scope of its review and perform a supplementary review to address still-unanswered questions.

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