Swiss Bank to fight pounds 13bn Jewish claim
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Swiss Bank to fight pounds 13bn Jewish claim
Switzerland's biggest bank ruled out an out-of-court settlement of a $20bn (pounds 13bn) lawsuit filed in New York by a Holocaust survivor who says Swiss banks may be hiding her family's wealth.
The Union Bank of Switzerland (UBS) vowed to fight the class-action suit, which claims Swiss banks withheld accounts from the heirs of Jews murdered in the Holocaust. The suit was filed last week in Brooklyn federal court by Gizella Weisshaus, 66, on behalf of all heirs of Holocaust victims who had deposited money and property in various Swiss banks for safe-keeping as Nazi terror spread over Europe. Reuter - Zurich
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments