Financial Institutions and Humanitarian Crisis in Gaza
TL;DR Summary
The Gaza Humanitarian Foundation (GHF), backed by the US and Israel, attempted to open bank accounts in Switzerland with UBS and Goldman Sachs but was declined due to compliance and transparency issues. GHF has since shifted its operations to the US, where it maintains a bank account with JPMorgan, amid scrutiny and internal challenges, including the resignation of its executive director and difficulties in establishing a Swiss presence.
- Exclusive: UBS, Goldman passed on opening bank accounts for U.S.-backed Gaza aid foundation, sources say Reuters
- US contractors say their colleagues are firing live ammo as Palestinians seek food in Gaza AP News
- Sources say UBS, Goldman Sachs refused GHF requests to set up Swiss accounts The Times of Israel
- UN says 613 Gaza killings recorded at aid sites, near humanitarian convoys Al Jazeera
- Gaza: Evidence points to Israel’s continued use of starvation to inflict genocide against Palestinians Amnesty International
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