An investigation into ties between Credit Suisse and Nazi Germany has so far revealed hundreds of accounts with potential links to Nazi-era officials and industrialists, including the SS paramilitary wing, according to US Senator Charles Grassley, adding to pressure on the bank ahead of a key hearing.
“These accounts were once used by individuals or entities who participated in or assisted Nazi war efforts,” including accounts for the German War Office, a German armaments manufacturer, and the German Red Cross, Grassley, chairman of the Senate Judiciary Committee, told journalists on the eve of Tuesday’s hearing in Washington DC.
Credit Suisse’s connection to these three entities was “previously unknown or only partly known,” and the investigation also “found evidenc
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