HC Deb 30 June 1998 vol 315 c164W
Mrs. Gillan

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will make a statement on the implications for Her Majesty's Government of the offer made by Credit Suisse, Swiss Bank Corporation and the Union Bank of Switzerland to settle the lawsuits by Holocaust victims in the United States. [48207]

Mr. Doug Henderson

We will continue to monitor with interest progress in negotiations between the Swiss banks and their US interlocutors. Possible wider implications are unclear at this stage. These will depend on the terms and scope of any settlement.

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