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Senators Slam UBS for Obstructing Nazi Accounts Probe
By
Hugo Miller
News February 04, 2026 at 02:10 PM
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What You Need To Know
- Executives have refused to hand over more than 150 documents that could shed light on the history of Credit Suisse accounts tied to Nazi Germany.
- The bank, which now owns Credit Suisse, argued that a $1.25 billion settlement in the late 1990s was intended to put an end to the matter.
- The Zurich-based bank needs to stay on the good side of U.S. regulators as it pushes to expand its business managing money for rich Americans.
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