Credit Suisse Accused of Concealing Nazi-Linked Accounts

U.S. Senate investigation uncovers thousands of historical documents allegedly withheld by the Swiss bank during prior probes.

A U.S. Senate investigation has revealed over 3,600 documents and 40,000 microfilms linking Credit Suisse to Nazi-linked accounts during World War II.
The bank is accused of withholding these records during previous investigations, particularly in the 1990s, despite earlier settlements with Holocaust victims.
Former prosecutor Neil Barofsky, initially dismissed by Credit Suisse in 2022, was reinstated after UBS acquired the bank in 2023 and is leading the probe.
Documents include references to individuals and entities on the Allied 'American Blacklist,' which identified collaborators with Axis powers.
UBS, which now owns Credit Suisse, has pledged cooperation, with a full report on the findings expected by 2026.