According to a post on Twitter by the US Senate Budget Committee, Swiss bank Credit Suisse managed the accounts of senior Nazi officials until 2020. As a result of the committee’s investigation, data was found out of 99 people who had bank accounts and were either top Nazi officials in Germany or members of Nazi-linked groups in Argentina.
The senators also said that 70 accounts possibly linked to Nazis were opened with the bank after 1945, and 14 of them remained open after 2000, raising serious questions about the bank’s activities. Among the accounts mentioned were those of Nazi commanders convicted at the Nuremberg trials.
Credit Suisse has promised to conduct its own investigation into the matter, but a US Senate Budget Committee report shows the bank has not taken enough action to prevent similar violations in the past. In general, this discovery could have serious consequences for the reputation of Credit Suisse and lead to serious legal consequences.
Credit Suisse is the second largest Swiss financial conglomerate after UBS. The head office is located in Zurich (Switzerland), on Paradeplatz. Since 2011, it has been one of the world’s systemically important banks. Credit Suisse was founded in 1856.
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