Swiss bank Credit Suisse maintained accounts linked to Nazis up till 2020, as per an investigation carried out by the US Senate Committee on the Budget.
Credit Suisse likely maintained accounts of at least 99 individuals who were either top Nazi officials in Germany or members of Nazi-affiliated groups in Argentina.
“Seventy Argentine accounts with plausible links to Argentina-based Nazis were opened with Credit Suisse after 1945, and at least 14 of those accounts remained open into the 21st century—some even as recently as 2020,” the investigation says.
The investigation identified 21 accounts of notorious high-level Nazis, including one that belonged to a convicted SS commander and another to a Nazi commander who was sentenced at Nuremberg. One of these accounts remained open until 2002. Furthermore, Credit Suisse maintained accounts belonging to a Nazi scientist who was imprisoned throughout the Nuremberg trials and to a German executive acquitted at Nuremberg.
The committee states that Credit Suisse previously temporarily paused the internal investigation and terminated the independent ombudsperson during the reviews of the accounts. The Committee intends to continue its oversight over these findings.
