The bank, however, doesn’t want to reopen the late 1990s settlement, or to share information around Credit Suisse’s legal decision-making at that time. In earlier probes that formed the basis of the late 1990s settlement, Credit Suisse said it had identified 14 likely Nazi clients. Credit Suisse collapsed in March 2023 after a series of scandals, and in poor financial health. The Simon Wiesenthal Center didn’t immediately respond to a request for comment. He was hired by Credit Suisse in 2021 after the Simon Wiesenthal Center found information on possible Nazi clients that hadn’t previously been disclosed.

Source: Wall Street Journal February 03, 2026 19:24 UTC