The World Jewish Congress is planning to call on U.S. authorities to block Deutsche Bank’s planned acquisition of Bankers Trust, a WJC official was quoted as telling the French daily newspaper Le Monde. The WJC decision came after the group attempted to get the German bank to settle claims that it profited from Jewish assets during the Holocaust. The bank’s planned $10.1 billion acquisition would be the largest foreign takeover of an American bank.
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.