The Royal Bank of Scotland has agreed to pull out of conducting further financial deals with cluster-bomb manufacturers after its investments in the controversial industry were exposed by The Independent and arms campaigners. The campaign was led by Amnesty International.
Royal Bank of Scotland has been a Global Compact participant since October 2003.
Read more: article from the Independent
Showing posts with label RBS. Show all posts
Showing posts with label RBS. Show all posts
Sunday, September 25, 2011
Wednesday, August 17, 2011
Amnesty International ‘regrets’ accusing Aviva of investing in cluster bomb-makers
Yesterday, Amnesty International said that it was mistaken in accusing Aviva, which trades in Ireland, of investing in cluster bombs. However, has it removed its claim RBS, a Global Compact participant, "recently agreed a US $80million (€56 million) loan to US companies that produce cluster munitions or their components?" To investigate....
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