UBS Launches Investigation into Hidden Nazi-Connected Accounts at Credit Suisse - PRESS AI WORLD
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UBS Launches Investigation into Hidden Nazi-Connected Accounts at Credit Suisse

share-iconSunday, January 05 comment-icon2 weeks ago 9 views
News sources:
reutersREUTERS
UBS Launches Investigation into Hidden Nazi-Connected Accounts at Credit Suisse

Credited from: REUTERS

  • UBS has initiated an investigation into Nazi-linked accounts at Credit Suisse, which it acquired in 2023.
  • The investigation follows reports revealing undisclosed accounts that were connected to Nazi-affiliated entities.
  • An independent ombudsman, Neil Barofsky, has been appointed to oversee the review.
  • The inquiry, prompted by allegations from the Simon Wiesenthal Center, aims to address the legacy of these accounts.
  • A final report from the investigation is expected to be released in early 2026.

For more details, visit the original article here.


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