|
Fifty years after the end of World War II, the ghosts of the Holocaust still stalk the corridors of Swiss banks surprising banks too. A year ago last June, Hans Baer, then chairman of Switzerland’s best-known Jewish-owned bank, Bank Julius Baer, read a Wall Street Journal article alleging his bank had mistreated heirs of victims of Nazi persecution. The article was in part accurate. After receiving a request in 1987 from the daughters of former client Moses Blum for a search for missing funds they believed to be held by the bank, the bank had replied “icily” the newspaper claimed that there were no records of such funds within the past 10 years. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
