UBS Faces New Pressure in New York Court Over Past Nazi Accounts

Photographer: Pascal Mora/Bloomberg

Tucked under the arcade at 49 Marktgasse in Bern’s historic city center is an opaque glass entranceway with a small sign identifying it as a branch of UBS Group AG, one of hundreds across Switzerland.

But the late-Baroque facade of the building conceals a special, darker history, one that reflects persistent political and legal problems for the bank thousands of miles away, in the US.