Cluster bomb trade funded by world's biggest banks
HSBC earned more than £650m in fees from work for Textron, US manufacturer of cluster weapons
This is the Guardian scoop on a new report launched today on banks funding cluster bomb producers. Report is by CMC members IKV Pax Christi, a Dutch peace organisation and Netwerk Vlaanderen, a Belgian organisation working on ethics in banking.
The CMC is launching a new global campaign today to prohibit investment in cluster bomb producers and urge disinvestment from banks that do invest. Check it out at www.stopexplosiveinvestments.org and see if your bank is investing in cluster bombs.