Swiss banks erased records of Jewish accounts

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Swiss banks systematically hid and destroyed records of bank accounts from the Holocaust period, thus preventing their owners from claiming their money and assets, according to a lawsuit set to be filed next week.

During the Nazi regime in 1933-1945 some 7 million bank accounts were created in Switzerland. An estimated 60,000 of them were opened by Jews in a bid to salvage their property from the Nazis, with the intention of reclaiming it after World War II.

Years later it emerged that the records of some 3 million of these accounts had disappeared and been destroyed....

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