Swiss Bank UBS Faces Scrutiny Over Undisclosed Nazi-Linked Accounts

Swiss banking giant UBS is under intense scrutiny following revelations of accounts linked to Nazi-affiliated entities that were uncovered after its acquisition of Credit Suisse. The investigation, spearheaded by ombudsman Neil Barofsky, has brought to light allegations of non-disclosure and possible cover-ups during previous reviews of these accounts.

Barofsky, who was appointed to oversee the investigation, recently informed the U.S. Senate of troubling findings. In a letter, he suggested "signs of a cover-up" by Credit Suisse, raising concerns about the thoroughness of past audits. The accounts in question were reportedly omitted from previous disclosures, despite. . .