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ChessBase.com - Chess News - Fischer's dispute with Swiss bank (618 words) |
 | Fischer for his banking details in Iceland in order to transfer all his assets and deposits with the bank, around three million dollars, notifying him at the same time about its unilateral decision to terminate all business relationship with him, without stating any reason or clarification for the action. |
| A complaint to the Swiss Banking Ombudsman over the strange measures of UBS did not result in resolving the issue, it explained only that UBS had given some additional respite before the account was terminated and it could do nothing. |
| Fischer argues that he does not see the difference whether the bank takes orders from some outside parties to terminate his account or acts on its own initiative to get rid of him to please somebody else or the US Government. |
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Court TV Library: Miscellaneous Cases -- Survivors of Nazi Regime Sue Swiss Banks for Seized Assets (14058 words) |
| Switzerland adopted and implemented policies and practices with respect to persons seeking the asylum of her professed neutrality which had the purpose and effect of aiding religious, racial and political persecution by the Nazi Regime: a.Before World War II, the Jewish population in Switzerland numbered 18,000, or 0.4 percent of the total population. |
| Switzerland purchased huge amounts of gold from Germany: During the six-month period ending in January, 1942, the Germans are reported to have sold in Switzerland 260 million francs in gold, most of which came from the occupied areas and Vichy holdings in North Africa. |
| The banks acted in concert, and engaged in a common set of practices to prevent and derail inquiries by heirs of victims of Nazi Regime atrocities whose assets were deposited in Swiss bank accounts, and by persons whose assets were looted and cloaked by the Nazis and placed in Swiss bank accounts. |
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