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Article

14 Apr 2005

Author:
swissinfo

Court awards record payout from Holocaust fund

The heirs of two Holocaust victims have been awarded SFr26.45 million ($21.9 million) in a case brought against an unnamed Swiss bank. It is the largest single payout to date to come from a $1.25 billion settlement reached in 1998 between Holocaust survivors, Jewish organisations and leading Swiss banks. [refers to UBS, Credit Suisse]