Switzerland's Hidden Gold: The Nazi Bank Deal That Shaped a Nation episode artwork

EPISODE · Apr 26, 2026 · 8 MIN

Switzerland's Hidden Gold: The Nazi Bank Deal That Shaped a Nation

from The Story of Switzerland: Neutrality, Wealth, and Hidden Power — Fexingo History · host Fexingo

During World War II, Switzerland maintained its neutrality while secretly trading gold with Nazi Germany — gold that included looted assets from occupied countries and even victims of the Holocaust. This episode explores the complex web of financial dealings between the Swiss National Bank (Schweizerische Nationalbank) and the Reichsbank, the role of Swiss banks in laundering stolen wealth, and the controversial 1946 Washington Agreement that resolved Allied claims. We delve into the Bergier Commission's 2002 report, the dormant accounts scandal, and how Switzerland confronted — or failed to confront — this dark chapter. Featuring key figures like Thomas Borer, the Swiss diplomat who handled the crisis, and examining the enduring legacy of the 'Sonderfall' myth, this conversation reveals how Switzerland's banking secrecy and gold trade both protected and tarnished its neutral image. We also discuss the impact on Swiss-American relations and the eventual reforms that opened Swiss banking to global scrutiny. #SwissGold #NaziLoot #SwissNationalBank #WashingtonAgreement #BergierCommission #Holocaust #DormantAccounts #BankingSecrecy #Neutrality #WorldWarII #Reichsbank #GoldTrade #ThomasBorer #Sonderfall #SwissHistory #FexingoHistory #History #Europe #RTlischwur #Morgarten Keep every episode free: buymeacoffee.com/fexingo

Episode metadata supplied by the publisher feed · Published Apr 26, 2026

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Switzerland's Hidden Gold: The Nazi Bank Deal That Shaped a Nation

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This episode was published on April 26, 2026.

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