Tag Archive for Swiss Bank

| August 19, 2018
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After seeing Schindler’s List, Swiss bank guard rescues Holocaust-era records

By snatching 2 Swiss bank ledgers bound for the shredder in 1997, Christoph Meili helped the relatives of Jews murdered by Nazi Germany to recover $1.25 billion the Union Bank of Switzerland planned to keep for itself.
• The incident sparked a political crisis for Switzerland, financial disaster for Swiss banks and drove Meili into exile after receiving death threats.

By Reuters and Israel Hayom Staff

 

The Swiss night watchman who ignited a furor over Holocaust victims’ missing wealth two decades ago is now reliving the ordeal that involved his dream of becoming a hero after the example of Oskar Schindler turned into a nightmare. Continue Reading »

Category: The Diaspora | Tags: , ,
| July 17, 2013
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Shoah fund ‘paid out $1.24B’ to Holocaust survivors

 

Jewish weekly reports Holocaust survivors as well as victims’ heirs received money from Swiss Bank fund set up after scandal over dormant accounts of Jews killed in World War II.

  By AFP

Holocaust survivors and victims’ heirs have received $1.24 billion from a Swiss fund set up after a scandal over dormant accounts of Jews killed in World War II, a magazine said Monday.

Some 457,000 Holocaust survivors and heirs have received money from fund (illustration) Photo: AP

Some 457,000 Holocaust survivors and heirs have received money from fund (illustration) – Photo: AP

The Swiss-Jewish weekly Tachles said the figure was contained in a report by New York judge Edward Korman, who oversees the management of the fund

Korman’s report summed up operations since a landmark 1998 deal between the World Jewish Congress and Swiss banks. Continue Reading »

Category: Israel News | Tags: , ,