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UBS ranks as the 9th largest non-US investor in nuclear weapons producers, having invested nearly $2.5 billion in shares and bonds, alongside over $3 billion in loans. Despite a decline in financial institutions involved in nuclear weapon financing, total investments in major manufacturers rose to $513 billion. The International Campaign to Abolish Nuclear Weapons highlights the impact of the Treaty on the Prohibition of Nuclear Weapons, which Switzerland has yet to join.
UBS has been identified as the only Swiss company among the top 30 investors in nuclear weapons manufacturers, having invested nearly $2.5 billion in equity and bonds. Despite a decline in financial institutions supporting these manufacturers, the total value of holdings in the sector rose to $513 billion. Switzerland has yet to join the Nuclear Weapons Ban Treaty, although a motion for ratification was approved by the Federal Parliament.
UBS has come under fire for being the only Swiss financial institution among the top 30 investors in nuclear weapons manufacturers, having invested nearly $2.5 billion. Despite a decline in financing from other institutions, UBS continues to support this sector, raising concerns amid ongoing calls for disarmament. The International Campaign to Abolish Nuclear Weapons highlights the growing value of holdings in these manufacturers, now at $513 billion, while Switzerland has yet to join the Nuclear Weapons Ban Treaty.
UBS has been identified as a leading financier of nuclear weapons manufacturers, investing nearly $2.5 billion through equity and bonds, ranking 9th among global investors. Despite a decline in the number of financial institutions supporting these manufacturers, the total value of holdings in the sector has risen to $513 billion. Switzerland has yet to join the Nuclear Weapons Ban Treaty, although a significant number of states have ratified it.
UBS has been identified as a key financier of nuclear weapons manufacturers, investing nearly $2.5 billion through equity and bonds, ranking 9th among global investors. Despite a decline in the number of financial institutions supporting these manufacturers, total holdings rose to $513 billion. Switzerland has yet to join the Nuclear Weapons Ban Treaty, although a significant number of states have ratified it.
Melissa Parke
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
swiss bank among top investors in nuclear weapons manufacturers
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