Florida ends Swiss bank deals

Friday 07 August 1998 23:02 BST

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FLORIDA HAS decided to cancel all business deals with the big Swiss banks currently at an impasse in negotiations with Jewish groups over Holocaust- era assets, the World Jewish Congress said yesterday.

A new study by the WJC estimates that the current value of looted Jewish gold and other assets held in Switzerland during the Second World War would be worth $19 billion today.

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Florida ends Swiss bank deals

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