9 years ago
Swiss probe thousands of unclaimed accounts opened before 1955
Swiss banks have discovered thousands of accounts opened before 1955 and dormant for at least 50 years, a German newspaper reported on Sunday, saying the move could help reveal where wartime Nazi loot was stashed. Germany's Welt am Sonntag newspaper said the accounts were being examined under a new Swiss law that requires banks to publish information this year on accounts that were opened at least 60 years ago and have been unclaimed for 50 years.
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http://www.reuters.com
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