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former ambassador discusses credit suisse controversies and us swiss relations

Former U.S. Ambassador Edward McMullen discusses ongoing issues related to Credit Suisse, including allegations of Nazi accounts and tax evasion violations. He emphasizes the need for transparency and strong relationships with U.S. authorities, noting that past leadership facilitated smoother interactions. McMullen expresses confidence in the future of U.S.-Swiss relations under the new administration, despite his absence from the inauguration due to a speech in Davos.

credit suisse faces renewed scrutiny over alleged nazi accounts and past missteps

Credit Suisse faces renewed allegations of maintaining accounts for Nazi criminals during and after World War II, prompting demands for accountability from Jewish organizations and U.S. senators. Former Swiss diplomat Thomas Borer criticizes the bank's handling of the situation, emphasizing that a 1998 settlement resolved all claims related to Nazi accounts, suggesting the current allegations lack substance. Borer, who led a task force investigating these issues, believes the controversy reflects poorly on Swiss self-management rather than an external attack.

credit suisse faces renewed scrutiny over alleged nazi accounts and past missteps

Former Swiss diplomat Thomas Borer criticizes Credit Suisse for mishandling renewed allegations of Nazi accounts, viewing it as a significant misstep. He emphasizes that a 1998 settlement resolved all claims related to Nazi accounts, suggesting that the current allegations lack substance and reflect poorly on the bank's management. Borer, who led a task force investigating these issues, believes the matter is more about Swiss self-sabotage than a coordinated attack against the country.

credit suisse faces renewed scrutiny over alleged nazi accounts and past mistakes

Thomas Borer, a former diplomat, critiques Credit Suisse's handling of new allegations regarding Nazi accounts, calling it a significant misstep. He emphasizes that all claims related to Nazi-era accounts were settled in 1998, suggesting the current allegations lack substantial evidence. Borer, who previously led efforts to address these historical issues, believes the new claims are unlikely to hold merit.
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