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Switzerland’s two largest private banks said they were ready to resume talks aimed at reaching a global settlement of Holocaust-era claims. The talks broke down recently when the banks offered $600 million to settle survivors’ claims. Jewish leaders demanded more than $1 billion.

July 17, 1998
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Switzerland’s two largest private banks said they were ready to resume talks aimed at reaching a global settlement of Holocaust-era claims. The talks broke down recently when the banks offered $600 million to settle survivors’ claims. Jewish leaders demanded more than $1 billion.

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