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ubs faces scrutiny over historical links to slavery and colonialism

UBS has faced criticism for its lack of transparency regarding its historical ties to slavery, despite evidence linking its predecessor institutions to the slave trade. Swiss historian Hans Fässler has urged UBS to acknowledge its colonial past, but the bank has dismissed these claims, citing a lack of evidence. Many company archives remain closed, hindering further research into the extent of Swiss financial institutions' involvement in slavery.
@bonpourlatete
United States Dollar Euro Swiss Franc UBS Société de Banque Suisse (SBS) Union Bank of Switzerland (UBS) Clariden Bank Deutsch-Schweizerische Kreditbank Credit Suisse High Yield Bond Fund, Inc. CS. Barthoulot-Coaching SNC CHE CUB USA FRA ESP NLD DNK Ulrich Zellweger Jakob Gsell Alfred Escher Hans Fässler Sergio Ermotti Christian Leitz Show more
TradFi, News Article
00:05 29.11.2024

ubs faces scrutiny over historical ties to slavery and colonialism

UBS has faced scrutiny over its historical ties to slavery, with researchers revealing multiple connections to the slave trade through its predecessor institutions. Despite calls for an independent investigation, UBS has dismissed these findings, claiming a lack of evidence while keeping many archives closed to public access. The legacy of Swiss financial institutions in the transatlantic slave trade remains largely unexamined, highlighting a reluctance to confront this dark chapter of history.
infosperber
United States Dollar Euro Swiss Franc Danish Krone UBS Credit Suisse DNK CHE CUB NLD ESP Hans Fässler Sergio Ermotti Alfred Escher Ulrich Zellweger Jakob Gsell Christian Leitz Show more
TradFi, News Article
09:57 23.11.2024
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