HSBC ‘crucial link’ in oppression of Palestinians
‘UK financial institutions hold almost $14 billion worth of shares in companies that provide equipment to the Israeli military, a new report shows.
High street banks are some of the worst offenders, with Barclays holding $1.5 billion in shares and HSBC more than $1 billion, according to War on Want’s new report, Deadly Investments.
War on Want senior campaigner Ryvka Barnard said on Wednesday that, “banks like HSBC are a crucial link in the chain of oppression, facilitating and profiting from the brutal military repression of Palestinians.”
The launch of the report comes just after Palestine solidarity activists held a week of action against banks and arms firms in the UK.’
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