US EditionUBS, Goldman passed on opening bank accounts for U.S.-backed Gaza aid foundation: Reuters
- UBS declined a request by the Gaza Humanitarian Foundation to open a bank account in Switzerland, and Goldman Sachs also did not establish one after initial talks, according to sources.
- The GHF, supported by the U.S. and Israel, began delivering humanitarian supplies to Gaza in May but withdrew due to setbacks including low donations and executive resignations.
- Concerns were raised about GHF's operations being militarized and unsafe, with the UN and other humanitarian groups refusing to collaborate with it, citing neutrality issues.
- Despite challenges, a GHF spokesperson stated the withdrawal was a strategic decision to focus operations in the U.S. and not due to setbacks with banking negotiations.
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UBS, Goldman passed on opening bank accounts for U.S.-backed Gaza aid foundation, sources say
UBS declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs did not set up a Swiss account for GHF after initial talks, two people with knowledge of the discussions told Reuters.
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Total News Sources8
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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