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Will UBS release a preliminary report on Nazi-linked accounts by Credit Suisse by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Press releases from UBS or major news outlets covering the preliminary report
Story
Credit Suisse, Now UBS Subsidiary, Concealed Nazi-Linked Accounts, Senate Budget Committee Finds
Jan 4, 2025, 08:48 PM
An investigation by the U.S. Senate Budget Committee has uncovered that Credit Suisse, now a subsidiary of UBS, concealed information about Nazi-linked bank accounts during previous inquiries in the 1990s. Tens of thousands of documents, including 3,600 physical documents and 40,000 microfilms, have provided new evidence of account holders connected to the Nazis. The Senate Budget Committee stated that Credit Suisse did not disclose these accounts in earlier investigations. The probe, led by former prosecutor Neil Barofsky, who was reinstated as an independent ombudsperson after being fired by Credit Suisse in 2022, continues to examine the bank's archives. UBS has committed to a thorough review of these historical accounts and is assisting Barofsky in his investigation, with a final report expected in early 2026.
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No • 50%
Yes • 50%
No • 50%
Yes • 50%
Other responses • 25%
Public apology • 25%
Financial settlement • 25%
Denial of allegations • 25%
Findings result in financial penalties • 25%
Findings lead to new regulations • 25%
No significant action taken • 25%
Other outcomes • 25%
UBS • 25%
Credit Suisse (as part of UBS) • 25%
Other Swiss bank • 25%
No bank faces action • 25%
Increase over 10% • 25%
Other changes • 25%
Remain stable (±10%) • 25%
Decrease over 10% • 25%
Other • 25%
UBS • 25%
Credit Suisse • 25%
Julius Baer • 25%
Yes • 50%
No • 50%
Take no action • 25%
Request independent investigation • 25%
Seek diplomatic resolution • 25%
Issue formal protest • 25%
