Freud estate gets payout

The grandson of pioneering psychoanalyst Sigmund Freud has been awarded US$168,000 ($240,600) in a case against Swiss banks accused of betraying their Holocaust-era customers in favour of the Nazis.

The estate of Anton Walter Freud, who died last year aged 83, will receive the money as part of a US$3 million payout to 23 claimants.