Bank ‘part-owned firm that built Nazi crematoria’

ONE of Germany’s leading banks financed Nazi arms makers and owned a stake in a company that built crematoria at the Auschwitz concentration camp, authors of a bank-commissioned report found yesterday.

The 2,400-page study is the result of seven years of work by a team of historians who scoured a huge number of Dresdner Bank’s files to detail its involvement with Adolf Hitler’s regime before and during World War II.

Wulf Meier, a member of the bank’s management board, said the report “calls things by their proper names, and we accept these truths, even if they are painful”.