Finance
Credit Suisse Links to Nazi-Era Accounts Expand in Investigation
- Senators present new evidence from customer research unit
- UBS, which bought Credit Suisse, says full review is priority
The probe also exposed evidence showing a “significant connection” between Credit Suisse and so-called ratlines.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
Investigators looking into Credit Suisse’s connections to Nazi-era account holders uncovered new evidence that the bank failed to disclose during earlier probes, US Senate Budget Committee leaders said Saturday.
Neil Barofsky, an independent ombudsman overseeing the review, found new documents during the first comprehensive examination of records from a Credit Suisse internal research department that includes client information from periods including World War II.