The secretive workings of the Bank for International Settlements
From our UK edition
The tower of Basel loomed over Centralbahn platz like a rocket about to launch into space. It was December 1996 and I was in Switzerland on the trail of looted Nazi gold. The circular building housed the mysterious Bank for International Settlements (BIS), a central node in the web of wartime plunder. A weak winter sun reflected off its opaque windows. The tower’s 24 floors – four underground, including a bomb shelter – exuded an air of subtle menace. The BIS, its assets and bosses, protected by a decades-old international treaty, were inviolable. Once inside, Swiss law no longer applied. The foyer, with its 1970s-style globular orange furniture, only added to the feel of a Bondian lair. But at least the BIS, unlike the Swiss National Bank, would talk to me.