BankTrack News
Barclays sells all shares in Israeli weapons firm Elbit amid pro-Palestinian pressure
British banking giant has reported zero shares in Israel's Elbit Systems, down 16,345 since a previous filing, after accusations of aiding genocide in Gaza
2024-10-31
BankTrack
Head offices of Elbit Systems at Matam Hi-tech park, Haifa. Photo: CC BY 3.0 Zvi Roger
2024-10-31
BankTrack
British banking giant Barclays has sold all of its investment shareholdings in Israel’s largest weapons company Elbit Systems Ltd.
According to Palestine Action, a British activist group that has been protesting against the bank's investments in Israel, Barclays has until recently owned over 16,000 shares in Elbit Systems.
In the latest US Securities and Exchange Commission (SEC) filings, Barclays owned zero shares in Elbit Systems Ltd (ELST), down 16,345 since the previous filing, dated 15 May 2024, worth over $3.4m.
Read more on Middle Eastern Eye.