Austria’s largest banking group is close to reaching a settlement of Holocaust- era claims against it, according to the World Jewish Congress. Bank Austria, along with several German banks and industrial firms, is being sued by Holocaust victims who charge that it aided the Nazi war machine and profited when Jewish businesses were forced to sell their assets at rock-bottom prices.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
