US Senate demands fresh UBS disclosures on Nazi-era accounts

US Senate pushes UBS for new details on Nazi-linked accounts

UBS is coming under renewed United States pressure over Credit Suisse’s handling of Nazi-linked accounts. The Senate Judiciary Committee is demanding new responses from the Swiss lender’s management to dozens of questions as part of its investigation. UBS’s previous responses “did not fully address this Committee’s questions,” Senator Charles Grassley said in a July 17 letter to the bank. UBS declined to comment on Senator Grassley’s letter, which hasn’t previously been disclosed. The bank is...

By swissinfo.ch