19. Februar 2025|
AI
|10 months agoUBS Named Among Top Nuclear Weapons Industry Investors
Swiss bank UBS identified as 9th largest non-US investor in nuclear weapons manufacturers, with investments totaling $2.5 billion according to ICAN report.
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Generated IllustrationKey Takeaways
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- UBS ranks as the 9th largest non-US investor in nuclear weapons manufacturers.
- The number of financial institutions funding nuclear weapons producers dropped by 27 in one year.
- Switzerland has not yet joined the Treaty on the Prohibition of Nuclear Weapons.
- A group of over 130 investor institutions supports the nuclear ban treaty.
By The Numbers
$2.5 billion
UBS investment in shares/bonds
$3 billion
UBS loans and subscriptions
$513 billion
Total value of holdings/bonds
260
Number of investing institutions
They Said
"This situation shows the power of the treaty to make these inhumane and indiscriminate weapons inhuman."
1
UBS Exposed: Billions Funneled into Nuclear Arms
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Global Capital Shifts: Fewer Investors, Higher Stakes
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The Stigma Effect: Treaty Pressure Mounts
4