Goldman Sachs
Has underwritten more than $7 billion in Israeli “war bonds” since the start of the Gaza genocide. By underwriting and bringing Israel’s “war bonds” to market, the Goldman Sachs has therefore facilitated crucial financing enabling Israel to continue its genocide on Gaza.
Deutsche Bank earned fees underwriting Israel's March 2024 $8 billion bond issuance and again in February 2025's $5 billion issuance alongside Goldman Sachs, Bank of America, and Citigroup.
Read more →Deutsche Bank is listed alongside Goldman Sachs, Bank of America, BNP Paribas, Citi, Barclays, and JPMorgan as an underwriter of Israeli 'war bonds' since October 7, 2023.
Truthout investigation revealed how Israel's expanding war machine is financed through $19.4B in international bond sales with Goldman Sachs as the largest underwriter at 37%, funding continued military operations in Gaza and the West Bank.
Read more →PAX for Peace documented how Goldman Sachs, JPMorgan Chase, Barclays, BNP Paribas, Citigroup and Bank of America are investing in Israel's war chest through participation in the sovereign war bond underwriting programme initiated after October 2023.
Read more →In March 2024, Deutsche Bank was one of four banks — with BNP Paribas, Bank of America, and Goldman Sachs — that underwrote $8 billion in Israeli sovereign bonds amid the Gaza war.
Read more →Deutsche Bank was among four banks — with BNP Paribas, Bank of America, and Goldman Sachs — that underwrote $8 billion in Israeli bonds in March 2024 amid widespread pro-Palestinian campus protests.
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