So many Very Serious People willing to do the World's Most Famous Peado a favour....
So many Very Serious People willing to do the World's Most Famous Peado a favour....
"Barclays is ranked the number one investor in fossil fuels in Europe, and seventh biggest in the world, having financed around $167 billion in fossil fuels between 2015 and 2021."
I'm old enough to remember when #Barclays invested in apartheid South Africa.
Oh Look #Barclays Bank IT is out again for the 2nd time since Musk took over the US treasury
What a coincidence, what are the odds eh ?
“Bristol is marching to call out its university’s ‘stain’ on the city over Palestine”
by The Canary @thecanaryuk
“Protesters are marching [today, Feb 1] to demand that the university drops its massive arms partnerships and ceases banking with bloodstained arms financier Barclays”
#Press #Bristol #BristolUniversity #Stain #ArmsIndustry #Barclays #Israel #Palestine #Genocide #WarCrimes #Airbus #BAESystems #Boeing, #Cobham #GeneralDynamics
Barclays hired former Garda portfolio manager Yoichi Takemura to strengthen its yen rates trading business, as global financial companies compete to capitalize on Japan’s revived $7.1 trillion government bond market. https://www.japantimes.co.jp/business/2025/01/27/companies/barclays-hire-japan-rate/?utm_medium=Social&utm_source=mastodon #business #companies #barclays #yoichitakemura #jgb #bonds #trade #boj #inflation
Because I know how little impact this story is likely to make in the ever changing news cycle run by the mostly able bodied, I’ve taken the decision to write to my MP about it.
I tend to only do this on matters that I have knowledge of or impact me directly.
If you are a #deaf or #blind UK citizen and/or a #Barclays bank customer, I urge you to do the same. They need to know this is not ‘business as normal’. It needs to change and will only do so if the government calls it out.
#Barclays, do the people who write these documents to pat yourself on the back with, know how you actually monitor your practices towards #Disabled customers?
Do the charities you claim to support know that you think faking a disability to give a review of a disabled person’s experience is just fine?
In 2017 the #Tories made #Barclays a Disability Confident Leader…a beacon of good practice in terms of being a disability aware company.
How is this status monitored or reviewed?
If you are paying people who aren’t disabled to check you meet the needs of the disabled, then that doesn’t appear to be in the spirit of the award to me.
Could #Labour’s Equalities Minister, Bridget Phillipson look into this (tangential point - but why is Education Secretary also Equalities Minister? It’s 2 jobs)
As someone who has worn hearing aids since the age of six, I find the notion that you would pay someone to pretend to have my condition and assess your ability to meet the needs of people who are genuinely hard of hearing and deaf just downright fraudulent.
To think you could equally do it with blind people just leaves me speechless.
Does #Barclays behaviour in this area in any way contravene the Equalities Act does anyone know?
#Barclays bank paying mystery shoppers to pretend to be suffering from some level of #Deafness or #Blindness does exactly what to help improve their services for people who genuinely have these conditions?
Do they just pat themselves on the back when they get a report from a mystery shopping putting on a disability that all is well at that branch in terms of equality of access to services???
https://www.theguardian.com/business/2025/jan/05/barclays-mystery-shoppers-banks-pretend-blind-deaf
Environmental groups including Extinction Rebellion have held regular protests outside Barclays' London headquarters to demand it stop funding oil and gas and instead throw its weight behind the energy transition. https://www.japantimes.co.jp/business/2024/12/19/companies/barclays-target-uk-climate-activists/?utm_medium=Social&utm_source=mastodon #business #companies #barclays #oil #coal #environment #climatechange #uk
According to Palestine Solidarity Campaign (PSC), “Research by Palestine Solidarity Campaign, Campaign Against Arms Trade, and War on Want has identified that Barclays invests over £1 billion in companies supplying weapons and military technology to Israel, used in militarised repression of Palestinians. We are calling on Barclays to stop facilitating Israel’s violence by ending all financial ties with companies arming Israel."
Ethical Consumer Magazine
According to ‘Don’t Bank on the Bomb’, Barclays invested a total of $6,286.2m in companies that manufactured nuclear weapons between Jan 2019 and Oct 2020, including weapons manufacturers such as BAE Systems, Lockheed Martin, and Raytheon Technology.
Ethical Consumer Magazine
"Barclays was ranked as the highest financier of fossil fuels out of all UK and European banks in a 2022 Rainforest Action Network report, titled ‘Banking on Climate Chaos: Fossil fuel finance report 2022’. The report examined 60 of the largest banks globally, and Barclays ranked as the 7th highest financier of fossil fuels worldwide..."
Ethical Consumer Magazine
#Banks and financial institutions profiting from #weapons
By Clare Carlile
Friday 7th of April 2023
High street banks are funding some of the world’s most notorious #ArmsCompanies. We look at which banks are involved and what consumers can do. We also look at the wider financial industry and its links with #NuclearWeapons in particular.
How are banks financing the arms industry?
"Banks are behind almost every industry in the world, through their loans, insurance and other kinds of financing, including the arms industry.
"By funding arms companies, banks allow them to grow and innovate – developing new forms of #lethal weapons.
"In fact, banks are behind companies involved in the very worst forms of arms, such as nuclear weapons and #ClusterMunitions, despite the latter being banned by 120 countries.
"Unsurprisingly, arms companies are not generally picky about who they sell weapons to. This means that if a bank is funding an arms company, it may well be one that is selling to oppressive regimes.
Which banks are involved in financing arms companies?
"Unfortunately, many banks still finance arms companies.
"While some have said they will not fund the most destructive weapons, lots fall far short of refusing funding to arms companies altogether. And it is not just banks that are involved in the global arms trade. Lots of other financial institutions, such as investors, are also involved.
"Over three quarters of the brands included in our ethical current accounts guide lost half a mark under Arms & Military supply for their investments. This included all the five major high street banks: #Barclays, #HSBC, #Lloyds, #NatWest and #Santander.
"Banks such as Barclays, Lloyds, NatWest, Santander and #Citigroup, and other financial institutions such as #Aviva and #OldMutual have been named in relation to funding cluster munitions, nuclear weapons on the sale of arms to #Yemen.
What weapons are banks funding?
Banks funding cluster munitions
“Cluster munitions are indiscriminate weapons that pose a serious threat to civilian populations during and long after an attack. They spread dozens, or even hundreds, of bomblets called submunitions over an area the size of a football stadium or even more. On impact cluster munitions kill or maim anyone that is in that area. Also, many submunitions fail to explode on impact: they remain on the ground like landmines that kill and injure civilians long after the conflict has ended.'
"120 countries have signed a Convention that that bans the use, production, stockpiling and transfer of #ClusterBombs.
"Yet, in 2018, the Cluster Munition Coalition found that financial institutions had invested almost $9 billion in companies producing cluster munitions. Citigroup and Old Mutual were both found to invest in companies involved.
"Amongst the banks named in the report, Triodos, Co-operative Bank and Royal Bank of Scotland were all praised for having divestment policies in place.
"However, Aviva, Axa, Deutsche Bank, Edentree Investment Management, HSBC, Lloyds Banking Group, Bank of Scotland and Standard Chartered were all found to have incomplete policies in place."
#Barclays invests over £2bn in #arms companies supplying #Israel with #weapons and #military technology.
If you bank with Barclays (or indeed any of the big banks) did you know that switching your account could be one of the most influential things you can do to shape a fairer society?
Read more on my Better Banking page: https://ethicalrevolution.co.uk/better-banking/
-Includes info on who to avoid, who to switch to and how to switch.
Banks are punishing managers who approved loans to #Musk to buy #Twitter.
https://www.thedailybeast.com/elon-musks-twitter-buyout-is-officially-the-worst-deal-of-its-kind-for-banks-since-financial-crisis
"Top investment bankers on #Barclays’ mergers and acquisitions team were told last year their compensation would be cut by a minimum of 40 percent from the prior year. The bank had multiple hung deals that had hit its overall performance, but #X was by far the biggest."
Wall Street firms from @GoldmanSachs to @MorganStanley to #Barclays have begun warning clients to expect higher #inflation as #Trump’s odds of recapturing the WH and imposing #protectionist #trade policies have risen, chart @BW https://www.bloomberg.com/features/2024-trump-interview-transcript/