Negotiations with Switzerland’s three largest banks to reach a settlement of Holocaust-related issues have reached a “critical stage,” according to a lawyer involved in the talks. The lawyer, Michael Hausfeld, said he was not optimistic about a imminent agreement, but warned against “false hopes” and “undue pessimism.” The World Jewish Congress, lawyers representing Holocaust victims and the Swiss banks have been holding settlement talks in recent weeks under the aegis of the U.S. State Department. The negotiations are being held under rules of strict confidentiality.
Reporting the stories that define our era. When history unfolds in real-time, the Jewish world turns to JTA. Your support ensures we can document the complexities of war and the resilience of Jewish communities with integrity.
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.
