Hall of Shame- A

The following financial institutions beginning with “A” appear in the 2014 Don’t Bank on the Bomb Hall of Shame. For the full list, or to lookup financial institutions by country, please see here.

A.K. Group (India)

A.K. Group has made an estimated 11 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the underwriting of bond issuances by A.K. Group (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by A.K. Group

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd General 36 5 13-Jun-2014
45 6 13-Jun-2014

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed August 2014.

Tweet: #A.K. Group needs to stop financing nuclear weapons and #divest from #Larsen&Toubro. #goodbyenukes http://ctt.ec/w2coh+ #A.K. Group needs to stop financing nuclear weapons and #divest from #Larsen&Toubro. #goodbyenukes http://ctt.ec/w2coh+

Aberdeen Asset Management (United Kingdom)

Aberdeen Asset Management has made an estimated 627 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Aberdeen Asset Management (United Kingdom) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Aberdeen Asset Management

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 483 2.10 07-Aug-2014
Serco United Kingdom 144 3.73 03-Mar-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Tweet: #Aberdeen Asset Management should stop financing nuclear weapons producers & #divest from @BAESystemsplc + @SercoGroup http://ctt.ec/lRKa8+ #Aberdeen Asset Management should stop financing nuclear weapons producers & #divest from @BAESystemsplc + @SercoGroup http://ctt.ec/lRKa8+

ABP (Netherlands)

ABP has made an estimated 277 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which ABP (Netherlands) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by ABP

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 108 0.63 11-Jan-2013
Safran France 170 0.59 31-Dec-2013

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Tweet: Time for @abppensioen to stop finanancing #nuclearweapons producers! #divest #goodbyenukes  http://ctt.ec/dq14b+Time for @abppensioen to stop finanancing #nuclearweapons producers! #divest #goodbyenukes http://ctt.ec/dq14b+

Abrams Bison Investments (United States)

Abrams Bison Investments has made an estimated 280 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Abrams Bison Investments (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Abrams Bison Investments

Company Country Total value (US$ mln) % Outstanding Filing date
General Dynamics United States 280 0.72 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Abu Dhabi Investment Authority (United Arab Emirates)

Abu Dhabi Investment Authority has made an estimated 280 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Abu Dhabi Investment Authority (United Arab Emirates) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Abu Dhabi Investment Authority

Company Country Total value (US$ mln) % Outstanding Filing date
Larsen & Toubro India 162 1.01 31-Dec-2013

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Acciona (Spain)

Acciona has made an estimated 355 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Acciona (Spain) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Acciona

Company Country Total value (US$ mln) % Outstanding Filing date
Thales France 355 2.84 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Tweet: Time for @ACCIONA_EN to stop financing #nuclearweapons producers! #divest #goodbyenukes http://ctt.ec/d17I8+Time for @ACCIONA_EN to stop financing #nuclearweapons producers! #divest #goodbyenukes http://ctt.ec/d17I8+

Adage Capital Management (United States)

Adage Capital Management has made an estimated 864 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Adage Capital Management (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Adage Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Boeing United States 482 0.53 30-Jun-2014
Honeywell International United States 382 0.53 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Addison Clark Management (United States)

Addison Clark Management has made an estimated 41 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Addison Clark Management (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Addison Clark Management

Company Country Total value (US$ mln) % Outstanding Filing date
Leidos United States 41 1.41 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Advisors Asset Management (United States)

Advisors Asset Management has made an estimated 20 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Advisors Asset Management (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Advisors Asset Management

Company Country Total value (US$ mln) % Outstanding Filing date
Leidos United States 20 0.71 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Aetna (United States)

Aetna has made an estimated 5 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Aetna (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Aetna

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 5 0.60 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Affiliated Managers Group (United States)

Affiliated Managers Group has made an estimated 726 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Affiliated Managers Group (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Affiliated Managers Group

Company Country Total value (US$ mln) % Outstanding Filing date
Alliant Techsystems United States 74 1.73 30-Jun-2014
Gencorp United States 6 0.56 30-Jun-2014
Huntington Ingalls United States 49 1.07 30-Jun-2014
Jacobs Engineering United States 55 0.77 30-Jun-2014
Rockwell Collins United States 90 0.85 30-Jun-2014
Safran France 173 0.60 31-Mar-2014
URS United States 279 8.80 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Aflac (United States)

Aflac has made an estimated 139 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Aflac (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Aflac

Company Country Total value (US$ mln) % Outstanding Filing date
General Dynamics United States 103 2.64 31-Mar-2014
Raytheon United States 36 0.68 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

AJO(United States)

AJO has made an estimated 668 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which AJO (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by AJO

Company Country Total value (US$ mln) % Outstanding Filing date
Alliant Techsystems United States 181 4.24 30-Jun-2014
Huntington Ingalls United States 185 4.02 30-Jun-2014
Northrop Grumman United States 279 1.12 30-Jun-2014
URS United States 23 0.72 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Alfried Krupp von Bohlen und Halbach-Stiftung (Germany)

Alfried Krupp von Bohlen und Halbach-Stiftung has made an estimated 3,493 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Alfried Krupp von Bohlen und Halbach-Stiftung (Germany) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Alfried Krupp von Bohlen und Halbach-Stiftung

Company Country Total value (US$ mln) % Outstanding Filing date
ThyssenKrupp Germany 3,493 23.03 31-Mar-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

Allianz (Germany)

Allianz has made an estimated 913 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Allianz (Germany) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Allianz

Company Country Total value (US$ mln) % Outstanding Filing date
Alliant Techsystems United States 114 2.67 30-Jun-2014
Babcock & Wilcox United States 95 2.71 30-Jun-2014
Fluor United States 76 0.62 30-Jun-2014
Northrop Grumman United States 299 1.20 30-Jun-2014
Serco United Kingdom 24 0.70 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which Allianz (Germany) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Allianz

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 103 3.09 31-Mar-2014
Honeywell International United States 88 1.40 31-Mar-2014
Huntington Ingalls United States 39 3.23 08-Sep-2014
Northrop Grumman United States 40 0.92 31-Mar-2014
Raytheon United States 31 0.59 31-Mar-2014
Safran France 4 0.55 31-May-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Allstate Corporation (United States)

Allstate Corporation has made an estimated 196 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Allstate Corporation (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Allstate Corporation

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 23 0.69 31-Mar-2014
Fluor United States 20 2.41 31-Mar-2014
General Dynamics United States 20 0.51 31-Mar-2014
Leidos United States 10 0.77 31-Mar-2014
Northrop Grumman United States 43 0.99 31-Mar-2014
Raytheon United States 32 0.60 31-Mar-2014
Rockwell Collins United States 28 1.70 31-Mar-2014
Textron United States 20 0.92 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Altius Finserv Private (India)

Altius Finserv Private has made an estimated 8 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the underwriting of bond issuances by Altius Finserv Private (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by Altius Finserv Private

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd General 6 2 27-Mar-2014
6 2 27-Mar-2014
6 2 27-Mar-2014
6 2 27-Mar-2014

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed August 2014.

Alyeska Investment Group (United States)

Alyeska Investment Group has made an estimated 52 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Alyeska Investment Group (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Alyeska Investment Group

Company Country Total value (US$ mln) % Outstanding Filing date
AECOM United States 30 0.93 30-Jun-2014
Alliant Techsystems United States 22 0.53 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Amalgamated Bank of Chicago (United States)

Amalgamated Bank of Chicago has made an estimated 29 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the loans provided by Amalgamated Bank of Chicago (United States) to the nuclear weapon companies since January 2011.

Loans provided by Amalgamated Bank of Chicago

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Alliant Techsystems Alliant Techsystems Inc Acquisition 700 12 08-Oct-2013
1,010 17 08-Oct-2013

Source: Thomson ONE Banker, “Loans”, viewed August 2014.

American Century Companies (United States)

American Century Companies has made an estimated 1,421 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American Century Companies (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by American Century Companies

Company Country Total value (US$ mln) % Outstanding Filing date
Alliant Techsystems United States 41 0.96 30-Jun-2014
BAE Systems United Kingdom 148 0.63 30-Jun-2014
Boeing United States 540 0.59 30-Jun-2014
Honeywell International United States 486 0.67 30-Jun-2014
Rockwell Collins United States 93 0.88 30-Jun-2014
Textron United States 94 0.88 30-Jun-2014
URS United States 19 0.60 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

American Family Mutual Insurance (United States)

American Family Mutual Insurance has made an estimated 187 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American Family Mutual Insurance (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American Family Mutual Insurance

Company Country Total value (US$ mln) % Outstanding Filing date
General Dynamics United States 46 1.17 31-Mar-2014
Leidos United States 41 3.14 31-Mar-2014
Northrop Grumman United States 60 1.38 31-Mar-2014
Raytheon United States 30 0.57 31-Mar-2014
Rockwell Collins United States 10 0.61 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

American Financial Group (United States)

American Financial Group has made an estimated 5 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American Financial Group (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American Financial Group

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 5 0.60 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

American International Group (United States)

American International Group has made an estimated 1,033 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American International Group (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by American International Group

Company Country Total value (US$ mln) % Outstanding Filing date
Lockheed Martin United States 343 0.67 30-Jun-2014
Raytheon United States 309 1.08 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which American International Group (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American International Group

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 68 2.06 31-Mar-2014
Fluor United States 57 6.87 31-Mar-2014
Honeywell International United States 33 0.52 31-Mar-2014
Huntington Ingalls United States 12 1.02 30-Apr-2014
Leidos United States 137 10.53 31-Mar-2014
Northrop Grumman United States 24 0.55 31-Mar-2014
Rockwell Collins United States 23 1.38 31-Mar-2014
Textron United States 27 1.23 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

American National Financial Group (United States)

American National Financial Group has made an estimated 6 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American National Financial Group (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American National Financial Group

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 6 0.78 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

American National Insurance (United States)

American National Insurance has made an estimated 51 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American National Insurance (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American National Insurance

Company Country Total value (US$ mln) % Outstanding Filing date
Leidos United States 18 1.35 31-Mar-2014
Northrop Grumman United States 22 0.51 31-Mar-2014
Textron United States 11 0.51 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

American United Mutual Insurance (United States)

American United Mutual Insurance has made an estimated 83 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which American United Mutual Insurance (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by American United Mutual Insurance

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 29 3.54 31-Mar-2014
Huntington Ingalls United States 8 0.64 31-Mar-2014
Leidos United States 13 1.00 31-Mar-2014
Rockwell Collins United States 15 0.91 31-Mar-2014
Textron United States 18 0.84 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Ameriprise Financial (United States)

Ameriprise Financial has made an estimated 3,047 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Ameriprise Financial (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Ameriprise Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 41 1.17 30-Jun-2014
BAE Systems United Kingdom 181 0.85 18-Apr-2014
Gencorp United States 8 0.76 30-Jun-2014
General Dynamics United States 294 0.75 30-Jun-2014
Honeywell International United States 943 1.30 30-Jun-2014
Jacobs Engineering United States 204 2.87 30-Jun-2014
Lockheed Martin United States 538 1.05 30-Jun-2014
Raytheon United States 527 1.84 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which Ameriprise Financial (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Ameriprise Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Huntington Ingalls United States 22 1.86 30-Jun-2014
Lockheed Martin United States 70 0.73 31-Mar-2014
Northrop Grumman United States 185 4.25 30-Jun-2014
Raytheon United States 34 0.65 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Ameritas Mutual (United States)

Ameritas Mutual has made an estimated 9 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Ameritas Mutual (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Ameritas Mutual

Company Country Total value (US$ mln) % Outstanding Filing date
Rockwell Collins United States 9 0.55 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Anchor Financial & Accounting (United States)

Anchor Financial & Accounting has made an estimated 24 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Anchor Financial & Accounting (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Anchor Financial & Accounting

Company Country Total value (US$ mln) % Outstanding Filing date
Serco United Kingdom 24 0.60 29-Nov-2013

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Anima (Italy)

Anima has made an estimated 43 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Anima (Italy) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Anima

Company Country Total value (US$ mln) % Outstanding Filing date
Finmeccanica Italy 43 0.78 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

ANZ (Australia)

ANZ has made an estimated 2,899 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the loans provided by ANZ (Australia) to the nuclear weapon companies since January 2011.

Loans provided by ANZ

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology General 1,050 105 29-Jan-2014
Airbus Group EADS General 4,345 76 14-Mar-2011
BAE Systems BAE Systems PC General 3,269 1,307 12-Dec-2013
Boeing Boeing Co General 2,300 42 05-Nov-2011
2,300 42 05-Nov-2011
Fluor Fluor Corp General 1,800 180 09-Nov-2012
General Dynamics General Dynamics Corp Refinancing 1,000 125 21-Jun-2013
General 1,000 35 14-Jul-2011
43 14-Jul-2011
Honeywell International Honeywell International Inc General 4,000 73 18-Nov-2013
Jacobs Engineering Jacobs Engineering Group Inc General 460 61 07-Feb-2014
Larsen & Toubro Larsen & Toubro Ltd Refinancing 47 5 27-Aug-2013
59 7 27-Aug-2013
64 7 27-Aug-2013
100 11 27-Aug-2013
100 11 27-Aug-2013
Northrop Grumman Northrop Grumman Corp General 500 13 18-Aug-2012
Serco Serco Group PLC General 1,159 72 21-Feb-2012
ThyssenKrupp ThyssenKrupp AG Refinancing 2,751 138 07-Mar-2014

Source: Thomson ONE Banker, “Loans”, viewed August 2014.

 

The table below provides an overview of the underwriting of bond issuances by ANZ (Australia) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by ANZ

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Capital Corp General 250 9 28-Jul-2011
Boeing Co General 350 10 30-Apr-2013
Fluor Fluor Corp General 500 20 09-Aug-2011
General Dynamics General Dynamics Corp General 500 19 07-May-2011
500 19 07-May-2011
500 19 07-May-2011
General 500 21 11-Jan-2012
900 39 11-Jan-2012
1,000 43 11-Jan-2012
Honeywell International Honeywell International Inc General 300 10 18-Nov-2013
700 23 18-Nov-2013
Lockheed Martin Lockheed Martin Corp General 500 30 09-Jun-2011
600 36 09-Jun-2011
900 54 09-Jun-2011
Northrop Grumman Northrop Grumman Corp General 850 26 28-May-2013
950 29 28-May-2013
1,050 32 28-May-2013
Raytheon Raytheon Co General 425 21 29-Nov-2011
575 29 29-Nov-2011
1,100 60 27-Nov-2012

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed August 2014.

 

AQR Capital Management (United States)

AQR Capital Management has made an estimated 311 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which AQR Capital Management (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by AQR Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
AECOM United States 39 1.21 30-Jun-2014
Alliant Techsystems United States 31 0.71 30-Jun-2014
Leidos United States 14 0.50 30-Jun-2014
Northrop Grumman United States 215 0.86 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which AQR Capital Management (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by AQR Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Gencorp United States 12 1.47 30-Jun-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

Argent Financial (United States)

Argent Financial has made an estimated 61 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Argent Financial (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Argent Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Textron United States 61 0.57 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Arovid Associates (United States)

Arovid Associates has made an estimated 149 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Arovid Associates (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Arovid Associates

Company Country Total value (US$ mln) % Outstanding Filing date
Alliant Techsystems United States 149 3.47 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Artemis Investment Management (United Kingdom)

Artemis Investment Management has made an estimated 318 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Artemis Investment Management (United Kingdom) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Artemis Investment Management

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 318 1.38 07-Aug-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Artisan Partners (United States)

Artisan Partners has made an estimated 602 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Artisan Partners (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Artisan Partners

Company Country Total value (US$ mln) % Outstanding Filing date
Jacobs Engineering United States 171 2.41 30-Jun-2014
Rockwell Collins United States 244 2.31 30-Jun-2014
Serco United Kingdom 78 2.28 30-Jun-2014
URS United States 109 3.44 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Associated Banc-Corp (United States)

Associated Banc-Corp has made an estimated 29 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the loans provided by Associated Banc-Corp (United States) to the nuclear weapon companies since January 2011.

Loans provided by Associated Banc-Corp

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Alliant Techsystems Alliant Techsystems Inc Acquisition 700 12 08-Oct-2013
1,010 17 08-Oct-2013

Source: Thomson ONE Banker, “Loans”, viewed August 2014.

Atlanta Life Financial (United States)

Atlanta Life Financial has made an estimated 147 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Atlanta Life Financial (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Atlanta Life Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Rockwell Collins United States 147 1.39 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Auto-Owners Insurance (United States)

Auto-Owners Insurance has made an estimated 20 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Auto-Owners Insurance (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Auto-Owners Insurance

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 7 0.78 31-Mar-2014
Leidos United States 13 1.01 31-Mar-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

Aviva (United Kingdom)

Aviva has made an estimated 185 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which Aviva (United Kingdom) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Aviva

Company Country Total value (US$ mln) % Outstanding Filing date
Thales France 147 1.07 31-Mar-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which Aviva (United Kingdom) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Aviva

Company Country Total value (US$ mln) % Outstanding Filing date
Larsen & Toubro India 20 3.55 31-Jul-2014
Rockwell Collins United States 18 1.11 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

 

AXA (France)

AXA has made an estimated 2,632 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the nuclear weapon companies of which AXA (France) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by AXA

Company Country Total value (US$ mln) % Outstanding Filing date
AECOM United States 66 2.06 30-Jun-2014
BAE Systems United Kingdom 1,101 5.07 19-Feb-2014
Boeing United States 583 0.64 30-Jun-2014
Northrop Grumman United States 144 0.58 30-Jun-2014
Raytheon United States 318 1.11 30-Jun-2014
Serco United Kingdom 171 4.44 03-Mar-2014
URS United States 104 3.27 30-Jun-2014

Source: Thomson ONE Banker, “Share ownership: most recent filings”, viewed August 2014.

 

The table below provides an overview of the nuclear weapon companies of which AXA (France) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by AXA

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 35 1.06 31-Mar-2014
Fluor United States 8 1.00 30-Apr-2013
Huntington Ingalls United States 28 2.32 31-Jul-2014
Leidos United States 31 2.36 31-Mar-2014
Raytheon United States 33 0.63 31-Mar-2014
Rockwell Collins United States 10 0.59 31-Mar-2014

Source: Bloomberg, “Aggregated debt”, viewed in August 2014.

 

Axis Bank (India)

Axis Bank has made an estimated 69 million USD available to the nuclear weapons producers listed in this report since January 2011.

The table below provides an overview of the underwriting of bond issuances by Axis Bank (India) for the nuclear weapon companies since January 2011..

Underwriting of bond issuances by Axis Bank

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd General 36 5 13-Jun-2014
45 45 09-Mar-2012
45 6 13-Jun-2014
L&T Fincorp Ltd General 26 13 21-Mar-2014

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed August 2014.

Hall of Shame Methodology

Which financial institutions are involved in the financing of the selected nuclear weapon companies was researched using annual reports, stock exchange filings and other publications of the companies concerned, archives of trade magazines, local newspapers and the financial press as well as specialized financial databases (Thomson ONE, Bloomberg). Used resources are clearly mentioned.

Financial institutions can be involved in financing companies by providing corporate loans, by assisting companies with share- and bond issues, and by (managing) investments in shares and bonds of these companies. For asset managers and pension funds, the only relevant type of financial involvement is (managing) share- and bondholdings of the selected companies.

In this report, we have focussed on the financial institutions which are found to have most significant financing relationships with one or more of the selected nuclear weapon companies. To select these financial institutions, the following criteria are used:

  • All financial institutions involved in loans and underwriting deals for one or more of the companies since 1 January 2011;
  • All financial institutions which own at least 0.5% of the outstanding shares or bonds of at least one of the companies.

What is included

Each section provides the following information for each financial institution:

The types of financial relations which the financial institution has with one or more nuclear weapon companies. The relations are grouped by loans, investment banking and asset management. Financial activities are listed alphabetically by nuclear weapons company for each category.

The name of the receiving company, the amount, the date and (if known) the purpose for each financial relation.

All data is presented in tables. For loans, the first column represents the names of the selected companies that received the loans, the second column shows which subsidiary or part of the selected company has issued the loan. The third column is the purpose of the loan. The fourth column (# FI’s), shows the number of financial institutes participating in loans as loans are often offered by a syndicate of financial institutions. The fifth column represents the value of the total loan offered by the syndicate to the company. The sixth column is the amount for which this specific financial institute participated in the loan. This amount is calculated depending on the role the financial institute plays in the syndicate, as explained below. The last column shows the date the loan was issued.

The tables for underwriting of share and bond issuances have the same columns. The method for calculating these the value per financial institute can be below.

The tables for share and bondholdings managed by the financial institutions show the nuclear weapon producing companies, the country in which this company is situated, the percentage of all bonds or shares outstanding hold or managed by the specific institution, and the total value of the shares or bonds held by the financial institution in the indicated company.

When comparing this report with last years report please keep in mind that we have excluded some Indian sources due to recently identified errors in the Bloomberg databases regarding Indian Mutual Funds.

The financial institutions identified include banks, pension funds, sovereign wealth funds, insurance companies and asset managers from many different countries. They have provided various types of financial services to nuclear weapon companies.