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UBS, Goldman Passed on Opening Bank Accounts for U.S.-Backed Gaza Aid Foundation, Sources Say

2025-07-01T172210Z_454516835_RC259EAGPXOQ_RTRMADP_3_UBS-EXECUTIVE-MERGERS

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Reuters

11:21 JST, July 5, 2025

LONDON/GENEVA, July 4 (Reuters) – UBS UBSG.S declined a request by the Gaza Humanitarian Foundation (GHF) to open a bank account in Switzerland while Goldman Sachs GS.N 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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