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Home / IFTTT / reddit / TIL in 1934, Swiss banking secrecy laws were strengthened to encourage Jews of Central & Eastern Europe, fearful of Nazis, to hide their assets in Swiss banks. After a majority of those depositors died during the Holocaust, the laws were used to wrongfully deny their heirs access to those accounts

TIL in 1934, Swiss banking secrecy laws were strengthened to encourage Jews of Central & Eastern Europe, fearful of Nazis, to hide their assets in Swiss banks. After a majority of those depositors died during the Holocaust, the laws were used to wrongfully deny their heirs access to those accounts

M. Amaar Tahir
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Submitted June 16, 2018 at 10:52AM by IndyScent https://ift.tt/2MzGpnY
TIL in 1934, Swiss banking secrecy laws were strengthened to encourage Jews of Central & Eastern Europe, fearful of Nazis, to hide their assets in Swiss banks. After a majority of those depositors died during the Holocaust, the laws were used to wrongfully deny their heirs access to those accounts TIL in 1934, Swiss banking secrecy laws were strengthened to encourage Jews of Central & Eastern Europe, fearful of Nazis, to hide their assets in Swiss banks. After a majority of those depositors died during the Holocaust, the laws were used to wrongfully deny their heirs access to those accounts Reviewed by M. Amaar Tahir on 12:31 AM Rating: 5

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