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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Swiss Banking Secrecy and the Us-Swiss Conflict Over Holocaust Claims

Swiss Banking Secrecy and the Us-Swiss Conflict Over Holocaust Claims

Hardcover

Series: International Relations in Asia, Africa and the Americas, Book 15

PhilosophyAccountingInvesting & Finance

ISBN10: 363187281X
ISBN13: 9783631872819
Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
Published: Oct 17 2022
Pages: 262
Weight: 1.09
Height: 0.75 Width: 5.83 Depth: 8.27
Language: English

This book examines US-Swiss relations in the context of Swiss banking secrecy and Holocaust related claims from World War II until the end of the 1990s. During World War II, Switzerland had been purchasing Reichsbank's gold and safeguarded the assets of the victims of Nazi Germany. This deeply impacted US-Swiss relations in the 1990s, and fueled a major conflict over dormant accounts and heirless assets of Holocaust victims. The US pressured Switzerland for Holocaust restitution using economic sanctions and a negative PR campaign. This culminated in a billion-dollar settlement, a reevaluation of wartime history by the Swiss, and a blow to Switzerland's international image. This book analyzes US policy towards Switzerland as a case of projection of US economic, as opposed to military power.

Also from

Grabowski, Marcin

Also in

Philosophy