February 5, 1997
The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families.
Commentary
Commentary
Source: Wikipedia (CC BY-SA)
On February 5, in the year 1997:
The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families.
Banking in Switzerland dates to the early 18th century through Switzerland's merchant trade and over the centuries has grown into a complex and regulated international industry.
Commentary
Source: Internal
Why February 5, 1997 matters:
The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families.
What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.
Commentary
Source: Internal
Historical context: February 5, 1997
The 20th century brought change at a pace unprecedented in history: two world wars, the rise and fall of fascism and communism, decolonisation, the Cold War, the space race, and revolutions in science, technology, and human rights all compressed into one hundred years.
The event on this day: The so-called Big Three banks in Switzerland announce the creation of a $71 million fund to aid Holocaust survivors and their families.
Source: https://en.wikipedia.org/wiki/Banking_in_Switzerland (Wikipedia, CC BY-SA)
Commentary
Commentary
Commentary
Commentary