UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts

The head of UBS Group AG’s Americas arm and the lender’s top lawyer are both scheduled to testify at a US Senate hearing next week into Nazi-era accounts at Credit Suisse, the scandal-hit rival it acquired in 2023.

Robert Karofsky, seen as a leading candidate to replace UBS Chief Executive Officer Sergio Ermotti, and group general counsel Barbara Levi have been added to the list of witnesses scheduled to speak on Feb. 3 at the Senate judiciary committee hearing in Washington.