Austria’s Creditanstalt Bank said it began talks with Jewish groups to examine its alleged involvement with Nazi-looted gold. Bank officials said they wanted to reach a memorandum of understanding that would set up a mechanism for probing its wartime past and for making restitution. The bank is included in an $18 billion lawsuit filed by Holocaust survivors against Germany’s Deutsche Bank and Dresdner Bank for knowingly trading in gold looted from concentration camp victims.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.