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Credit Suisse is limiting probe into Nazi bank accounts, US lawmakers say
(JTA) — The U.S. Senate Budget Committee has accused Credit Suisse of impeding an investigation into former accounts at the bank held by Nazis, including many who fled to South American countries after World War II.
On Tuesday, the committee released two reports, one by an independent ombudsman the bank had hired to oversee the investigation and one by a forensic research team. The bank fired the ombudsman, American lawyer Neil Barofsky, in November, months into his investigation.
“Credit Suisse’s decision to stop its review midstream has left many questions unanswered, including questions about the thoroughness of its prior investigative efforts, the extent to which it served Nazi interests and the bank’s role in servicing Nazis fleeing justice after the war,” Barofsky wrote in his findings, according to reports.
Sen. Chuck Grassley, the Senate committee’s ranking Republican, added in a statement on Tuesday: “When it comes to investigating Nazi matters, righteous justice demands that we must leave no stone unturned. Credit Suisse has thus far failed to meet that standard.”
Jewish organizations have long claimed that in addition to playing a key role in financially supporting Nazi Germany, Credit Suisse has held onto money looted from Jews long after the war. In 1999, the Swiss bank paid Jewish groups and Holocaust survivors a settlement of $1.25 billion in restitution for withholding money from Jews who tried to withdraw their funds.
In 2020, the Simon Wiesenthal Center, an antisemitism watchdog named after a famed Nazi hunter, reported that an Argentine investigator had found evidence that thousands of Nazis who fled to Argentina had kept accounts at Credit Suisse for decades, some with looted funds. The bank then opened an internal investigation.
Earlier this year, Grassley said that he had “received credible allegations of potential wrongdoing related to Credit Suisse’s internal investigation, including specifically the questionable removal of Mr. Barofsky in late 2022.”
“[T]he information we’ve obtained shows the bank established an unnecessarily rigid and narrow scope, and refused to follow new leads uncovered during the course of the review,” Grassley said in a statement.
According to the Associated Press, the forensic firm AlixPartners’ report showed that 21 Credit Suisse accounts had connections to Nazis, including multiple SS officers, on the Wiesenthal Center 2020 list. The New York Times reported that Barofsky, who was hired by the bank in February, had not found any accounts definitively linked to Nazis that were still open at the time of his firing, but he wrote that he was in November still looking into accounts not included in the 1990s report that he believed could have held Nazi money.
The bank said in a statement that the new reports confirm “existing research on Credit Suisse’s history published in the context of the 1999 Global Settlement that provided binding closure for the Swiss banks regarding all issues relating to World War II.”
The probe will continue in some form, as the Senate committee noted that the bank “committed to further investigate its apparent role in supporting Nazis fleeing from justice after WWII.”
Thousands of Nazis fled Europe to havens in Latin America after the war, most notably to countries such as Argentina and Brazil but also to others such as Paraguay, Uruguay and Peru.
Switzerland had long claimed full neutrality during World War II, but the 1990s investigations into banks and other wartime financial dealings with Nazi Germany shattered that reputation. The country’s financial system, it was revealed, had laundered gold and other stolen goods through the war and resisted pushes in its immediate aftermath to pay restitution to Jewish victims of the Nazis.
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Most Jewish Israelis Say Israel Is the Safest Place for Jews, New Survey Shows
Pro-Israel demonstrators gathered at Bebelplatz in central Berlin on Nov. 30, 2025, before marching toward the Brandenburg Gate. Participants held Israeli flags and signs condemning rising antisemitism in Germany. Photo: Michael Kuenne/PRESSCOV/Sipa USA via Reuters Connect
Most Jewish Israelis view Israel as a safer place for Jews than anywhere else in the world, according to a new end-of-year survey, as Jewish diaspora communities continue to face unabated antisemitism, marked by a surge in targeted attacks and rising anti-Israel hostility.
On Tuesday, the Israel Democracy Institute released a December survey conducted by the Viterbi Family Center for Public Opinion and Policy Research, showing that 76 percent of Israeli-born Jews consider Israel the safest place for Jews, up almost 10 percent from earlier in 2024.
In contrast, Arab Israelis expressed mixed opinions, with 32 percent saying Israel was safer for Arabs than abroad, 35 percent saying life abroad was safer, and 29 percent saying both were equally safe.
The survey also found that most Jewish respondents believe Israel should work with foreign governments to protect Jewish communities, deploy official emissaries — representatives who coordinate with local authorities — and play an active role in planning security for Jewish events.
Half of respondents also backed financial aid for the Jewish diaspora, representing the most widely supported option in the survey.
Jewish communities around the world, especially in Europe, have faced a troubling surge in antisemitic incidents and anti-Israel sentiment since the Hamas-led invasion of and massacre across southern Israel on Oct. 7, 2023.
Jewish leaders have consistently called on authorities to take swift action against the rising wave of targeted attacks and anti-Jewish hate crimes, ranging from the vandalism of murals and businesses to violent physical assaults, that their communities continue to face.
With global antisemitism continuing to skyrocket, Israel recorded a surge in Jewish immigration from Western nations in 2025, despite an overall decline in Jews abroad moving to their ancient homeland.
According to data from Israel’s Immigration and Absorption Ministry, over 21,900 Jews from more than 100 countries arrived last year amid ongoing hostility abroad, a decline of roughly one-third from 2024, largely driven by a sharp drop in Russian emigration.
However, aliyah – the process of Jews immigrating to Israel – from the United States, France, the United Kingdom, and other Western countries surged sharply in 2025. Continuing a steady upward trend, arrivals from France jumped 45 percent last year to 3,300, up from 2,200 in 2024, while immigration from the UK rose almost 20 percent to 840 immigrants.
Ministry data also showed 420 newcomers from Canada, 220 from South Africa, and 180 from Australia.
These latest figures come as Jewish communities worldwide warn of escalating threats in the wake of a deadly attack on a Hanukkah celebration at Sydney’s Bondi Beach that left 15 dead and at least 40 injured.
Last year, a string of deadly terrorist attacks also targeted Jewish communities abroad, including the Yom Kippur assault in Manchester that killed two Jewish men, the firebombing of a march for Israeli hostages in Boulder, Colorado – which killed one and injured 13 – and the murder of two Israeli Embassy staffers in Washington, DC.
According to Nefesh B’Nefesh (NBN), a nonprofit that promotes and facilitates aliyah from the US and Canada, overall North American immigration rose about 12 percent in 2025 to 4,150 new arrivals, the highest annual total the organization has seen in four years.
However, even as antisemitic incidents worldwide reach levels not seen in decades following the Oct. 7 atrocities, Jews and Israelis continue to emigrate to Europe, reshaping the heart of today’s Jewish diaspora.
Despite an increasingly hostile social and political climate, Jewish life in much of Europe is not shrinking. In some places, it is holding steady — and in others, growing.
According to recent demographic reports, Israeli immigrant communities in Europe are among the fastest-growing Jewish communities in the world.
Europe is home to nearly 30 percent of all Israelis living outside the country — roughly 190,000 to 200,000 people — with their population steadily increasing across the continent, according to a report from the Institute for Jewish Policy Research (JPR).
JPR data shows that Israel-born Jews now make up nearly 50 percent of the Jewish population in Norway, 41 percent in Finland, and over 20 percent in Bulgaria, Ireland, Spain, and Denmark.
Over the past decade, the number of Israeli-born Jews has grown significantly in Baltic countries (135 percent), in Ireland (95 percent), in Bulgaria (78 percent), in the Czech Republic (74 percent), in Spain (39 percent), in the Netherlands (36 percent), in Germany (34 percent), and in the UK (27 percent).
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Actor Proposes Casting Anti-Israel Star Melissa Barrera to Replace Gal Gadot in Next ‘Wonder Woman’ Film
(L-R) Simu Liu and Melissa Barrera attend ‘The Copenhagen Test’ Season 2025 New York Screening, at the Whitby, New York, NY, December 16, 2025. Photo: Anthony Behar/Sipa USA via Reuters Connect
Canadian actor Simu Liu said he thinks Mexican actress Melissa Barrera, his costar on “The Copenhagen Test,” would be a great Wonder Woman to replace Israeli actress Gal Gadot in the upcoming DC Universe film by James Gunn about Diana Prince.
“James Gunn or anybody else out there, I think she really pushes herself,” said Liu, who starred in Marvel’s “Shang-Chi and the Legend of the Ten Rings,” during a recent interview with JoBlo. “There were a couple of moments during stunt training where I was like ‘That’s Wonder Woman-esque.’ I’m just throwing it out there. I don’t know who’s watching or listening to this interview, but I just think she’s a total badass. And she puts in the work.”
Barrera came under fire in November 2023 for sharing posts on social media that accused Israel of genocide and criticized the Jewish state during its war against Hamas terrorists in the Gaza Strip, following their deadly rampage across southern Israel on Oct. 7 of that year. The actress uploaded posts on Instagram that described Israel as a “colonized” land and suggested that the Jewish state controls the media. She reshared a post that accused Israel of “genocide and ethnic cleansing,” and also shared posts from other accounts that featured messages calling for “every civil institution” to boycott the country. She additionally shared a post that includes claims about manipulating facts related to the Holocaust “to boost the Israeli arms industry,” according to the BBC.
“Gaza is currently being treated like a concentration camp,” Barrera wrote in one post on her Instagram Story in 2023. “Cornering everyone together, with no where to go, no electricity no water … People have learnt nothing from our histories. And just like our histories, people are still silently watching it all happen. THIS IS GENOCIDE & ETHNIC CLEANSING [sic].”
Barrera was fired from the film “Scream 7” following her social media posts against Israel. In a statement to Variety magazine, a spokesman for the movie’s production company Spyglass said its stance was “unequivocally clear.”
“We have zero tolerance for antisemitism or the incitement of hate in any form, including false references to genocide, ethnic cleansing, Holocaust distortion or anything that flagrantly crosses the line into hate speech,” the statement noted.
Hours after her firing was announced, Barrera shared a statement on Instagram claiming that she condemns antisemitism and Islamophobia, and all forms of hate and prejudice.
“Every person on this earth … deserves equal human rights, dignity and, of course, freedom,” she added. “I believe a group of people are NOT their leadership, and that no governing body should be above criticism. I pray day and night for no more deaths, for no more violence, and for peaceful co-existence. I will continue to speak out for those that need it most and continue to advocate for peace and safety, for human rights and freedom. Silence is not an option for me.”
Barrera and Liu were among the the many celebrities who signed an open letter by Artists4Ceasefire in October 2023 that called for an immediate ceasefire to end the Israel-Hamas war, a release of the hostages taken by the terrorist organization after its invasion of Israel on Oct. 7, and an end to “the bombing in Gaza.” The letter makes no mention of the Hamas terrorist organization by name, which slaughtered 1,400 Israelis, took more than 200 civilian hostages from Israel and led to the start of the Israel-Hamas war.
Liu is not the first to nominate Barrera as the next Wonder Woman. Several publications have ranked her among the top contenders for the role, and she addressed the topic in an interview with the online publication A Shot Magazine in April 2025.
“I think whoever gets the role, I just hope that they can embody the essence of the character because I think that those movies, whether they’re Marvel or DC, their reach is so big,” she said. “And because those artists that get those roles will inevitably get a built-in fanbase and have the eyes and the ears of so many people, I think that it would be nice if they did something actually positive with the influence that they have to at least be a good example of the kind of human being that you wanna be in the world, instead of just using it for self-serving purposes.”
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Rights Groups Say At Least 25 Dead in Iran Protests
A man walks near an anti-US and anti-Israeli billboard displayed on a building in Tehran, Iran, Jan. 4, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
At least 25 people have been killed in Iran during the first nine days of protests that started in the bazaar of Tehran over the plunging value of the currency and soaring inflation, according to rights groups.
The authorities have acknowledged the economic hardships but accused networks linked to foreign powers of stoking the protests. On Tuesday, Iran‘s police chief vowed to “deal with the last of these rioters.”
The shopkeepers’ protest continued on Tuesday in the bazaar, with about 150 people focusing on economic demands, Iran‘s Fars news agency reported.
The protests have spread to some cities in western and southern Iran but do not match the scale of unrest that swept the nation in 2022-23 over the death of Mahsa Amini, who died in the custody of morality police for allegedly violating the Islamic Republic’s strict dress code.
However, even though smaller, these protests have quickly expanded from an economic focus to broader frustrations, with some protesters chanting against the country’s clerical rulers.
MORE THAN 1,000 ARRESTED, RIGHTS GROUPS SAY
Iran also remains under international pressure, with US President Donald Trump threatening on Friday to come to the aid of protesters if security forces fired on them. Iran‘s Supreme Leader Ayatollah Ali Khamenei vowed not to “yield to the enemy.”
Hengaw, a Kurdish Iranian rights group, put the death toll at 25, including four under 18. It said more than 1,000 had been arrested. HRANA, a network of rights activists, said at least 29 had been killed, including two law enforcement agents, in addition to 1,203 arrests, as of Jan. 5.
Reuters has not been able to independently verify the numbers. Iranian authorities have not given a death toll for protesters, but have said at least two members of the security services have died and more than a dozen have been injured.
Authorities have attempted to maintain a dual approach to the unrest, saying protests over the economy are legitimate and will be met by dialogue, while meeting some demonstrations with tear gas amid violent street confrontations.
The police chief, Ahmadreza Radan, was quoted on Tuesday by state media as saying they had drawn a distinction between protesters and what he called rioters, the latter facing arrests on site or following identification by intelligence units.
“I pledge that we will deal with the last of these rioters. It is still time for those who were deceived by foreign services to identify themselves and draw on the Islamic Republic’s greatness,” Radan said.
WITNESS REPORTS HEAVY POLICE PRESENCE
Fars said Tuesday’s gathering of shopkeepers on Saadi street in Tehran ended without “expanding the police’s presence.”
Mohammad, 63, a jewelry shop owner in the bazaar, told Reuters there was a heavy presence of riot police and plainclothes security forces inside and around the area.
“They were forcing shopkeepers who were on strike to open their shops. I did not see it myself, but I heard there were clashes outside the bazaar and police fired tear gas,” he told Reuters by phone. He declined to give his family name.
Footage shared on Telegram on Tuesday by Vahid Online, which posts videos of the protests to more than 650,000 followers, appeared to show dozens of security forces on motorbikes patrolling the street and the unidentified person who took the clip can be heard saying the security forces had fired tear gas.
Reuters confirmed that the video was filmed on Saadi street but could not verify the exact date when it was taken.
GOVERNMENT PROMISES REFORMS TO PROTECT PURCHASING POWER
President Masoud Pezeshkian has promised reforms to help stabilize the monetary and banking systems and protect purchasing power.
The government has announced a subsidy reform, removing preferential currency exchange rates for importers in favor of direct transfers to Iranians to boost their purchasing power for essential goods. The measure will come into force on Jan. 10.
The central bank chief was also replaced on Dec. 29.
The rial fell further to 1,489,500 on Tuesday, representing a 4% fall since the protests started.
