Probe Uncovers 890 Credit Suisse Accounts with Potential Nazi Links, Says US Senator

• US Senator Chuck Grassley revealed an investigation identified 890 Credit Suisse accounts with potential Nazi links, ahead of a Senate Judiciary Committee hearing.
• The accounts include previously undisclosed wartime holdings tied to the German Foreign Office, a German arms manufacturer, and the German Red Cross.
• The probe found Credit Suisse's banking ties with the Nazi SS were more extensive than known, including an account for the SS's economic arm.
• New details emerged about a scheme that aided Nazis in fleeing to Argentina.
• UBS, which acquired Credit Suisse, expressed deep regret over the WWII era's dark chapter in Swiss banking and is committed to completing the investigation.

Why It Matters: An investigation found 890 Credit Suisse accounts with potential Nazi links, revealing deeper ties than previously known.