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SWISS BANKER ADMITS FLAWED PROBE

Swiss banks have been slow to investigate missing Holocaust-era accounts, but bankers now are seriously examining the issue, a top Swiss banker said in a newspaper Sunday.

Swiss bankers want to investigate the missing accounts "minutely and with great care" rather than "just writing a check" to heirs of Holocaust victims, Marcel Ospel, chief executive officer of Swiss Bank Corp., told the weekly Sonntagsblick.

Swiss banks have been searching for Holocaust-era assets for more than a year. Jewish organizations and Holocaust heirs have accused the banks of serving as the Nazis' bankers and hiding the assets of Holocaust victims.

The major Swiss banks have conducted a major campaign to make up for any wrongdoing. They are giving the heirs easier access to any accounts and have contributed to a multimillion-dollar fund to aid needy Holocaust survivors.

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