Banksrollers of Death
(I hope Norway saved its pension fund!)
…It says private companies, and the European financial institutions funding them, form an essential pillar of the system that is enabling Israel’s ongoing crimes, noting that corporate and financial actors “adjusted to, normalized and profited from its genocidal culmination” rather than withdrawing when due diligence demanded it.
The coalition mapped 104 global companies that meet its criteria.
Profundo’s financial research shows that 47 European creditors supplied $310 billion in loans and underwriting to these companies between January 2023 and August 2025.
The largest exposures belong to BNP Paribas, Deutsche Bank, Barclays, HSBC, Société Générale, Crédit Agricole, Santander, Standard Chartered, and Commerzbank – major institutions providing the credit and underwriting that keep these firms liquid.
Alongside these banks, Europe’s top one hundred institutional investors hold more than $1.5 trillion in shares and bonds in the same companies.
The report lists Norway’s Government Pension Fund Global, Crédit Agricole, Legal & General, Deutsche Bank, Groupe BPCE, Janus Henderson, Barclays, HSBC, Schroders, and Nordea as the largest institutional investors in the 104 companies as of August 2025.
It also notes that the Norwegian fund divested from 28 Israeli companies in July and August this year.
According to the coalition, these capital flows underpin the economic machinery sustaining Israel’s unlawful presence.
The report says financial institutions are central to this system. Banks that finance or underwrite companies involved in settlement construction, demolitions, resource extraction, or military technologies used in the occupied territory risk legal liability for aiding and abetting grave breaches of international law…
https://thecradle.co/articles-id/34541
