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JTA
EST 1917

News Brief

December 11, 1998
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An official with the World Jewish Congress said the group is making progress in talks with a German bank on claims against it by Holocaust survivors. The talks with Deutsche Bank “have entered a rather constructive phase,” said WJC Executive Director Elan Steinberg. The bank is facing a class-action lawsuit from survivors, who allege it profited from trade in Holocaust victims’ gold. At least one U.S. regulator has called for a delay in the bank’s planned merger with the U.S. firm Bankers Trust until the claims are settled.

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