UBS Group AG is withholding more than 22,000 pages of documents from an independent probe into Credit Suisse’s handling of Nazi-linked accounts because the bank says they are legally privileged, the lawyer overseeing the investigation has told a US Senate committee.
UBS has further limited the scope of the probe and is reviewing an additional 388,000 pages for potential redaction, ombudsman Neil Barofsky wrote in a May 1 letter to the Senate Judiciary Committee, which is providing oversight of his investigation and published Barofsky’s letter on its website.
The figures give a fuller sense of how much documentation ...
