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Barclays says it doesn't invest in defence firms supplying Israel
  + stars: | 2024-05-01 | by ( ) www.cnbc.com   time to read: +2 min
A Palestinian flag is held by a cash machine during Dorset Palestine Solidarity Campaign's protest outside the branch of Barclays Bank, April 20, 2024 in Dorchester, United Kingdom. Barclays does not invest in companies that supply weapons used by Israel in Gaza, the British bank said on Wednesday, after one of its branches in London's financial district was targeted by pro-Palestinian activists. The bank has also faced criticism for providing financial services to defence firms that produce equipment used by the Israeli Defence Force. "We have been asked why we invest in nine defence companies supplying Israel, but this mistakes what we do," the lender said on its website. We are not making investments for Barclays and Barclays is not a 'shareholder' or 'investor' in that sense in relation to these companies," it said.
Organizations: Dorset Palestine Solidarity, Barclays Bank, Barclays, Israeli Defence Force, NATO, New York City, Columbia University campus, University of California, UCLA Locations: Dorset, Dorchester , United Kingdom, Israel, Gaza, Moorgate, London, U.S, New York, Los Angeles
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