Hall of Shame – B

The following financial institutions beginning with “B” 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.

Baillie Gifford & Co (United Kingdom)

Baillie Gifford & Co has made an estimated 168 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 Baillie Gifford & Co (United Kingdom) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Baillie Gifford & Co

Company Country Total value (US$ mln) % Outstanding Filing date
Serco United Kingdom 168 4.37 03-Mar-2014

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

Banca Carige (Italy)

Banca Carige has made an estimated 150 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 Banca Carige (Italy) to the nuclear weapon companies since January 2011.

Loans provided by Banca Carige

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica SpA Refinancing 3,001 150 09-Jul-2014

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

Banca Monte dei Paschi di Siena (Italy)

Banca Monte dei Paschi di Siena has made an estimated 150 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 Banca Monte dei Paschi di Siena (Italy) to the nuclear weapon companies since January 2011.

Loans provided by Banca Monte dei Paschi di Siena

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica SpA Refinancing 3,001 150 09-Jul-2014

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

Banca Popolare di Sondrio (Italy)

Banca Popolare di Sondrio has made an estimated 150 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 Banca Popolare di Sondrio (Italy) to the nuclear weapon companies since January 2011.

Loans provided by Banca Popolare di Sondrio

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica SpA Refinancing 3,001 150 09-Jul-2014

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

Banca Popolare Emilia Romagna (Italy)

Banca Popolare Emilia Romagna has made an estimated 150 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 Banca Popolare Emilia Romagna (Italy) to the nuclear weapon companies since January 2011..

Loans provided by Banca Popolare Emilia Romagna

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica SpA Refinancing 3,001 150 09-Jul-2014

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

Banco de Sabadell (Spain)

Banco de Sabadell 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 Banco de Sabadell (Spain) to the nuclear weapon companies since January 2011..

Loans provided by Banco de Sabadell

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.

BancPlus (United States)

BancPlus 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 BancPlus (United States) to the nuclear weapon companies since January 2011.

Loans provided by BancPlus

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.

Bank Hapoalim (Israel)

Bank Hapoalim has made an estimated 42million 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 Bank Hapoalim (Israel) to the nuclear weapon companies since January 2011.

 Loans provided by Bank Hapoalim

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
General 200 13 05-Sep-2012

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

Bank of America (United States)

Bank of America has made an estimated 17,990 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 Bank of America (United States) to the nuclear weapon companies since January 2011.

Loans provided by Bank of America

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Future Acquisitions 1,187 142 11 Aug 2014
1,050 126 11 Aug 2014
Refinancing 750 150 07-Jun-2013
General 600 120 23-Sep-2011
General 1,050 39 29-Jan-2014
Working Capital, General 1,050 158 13-Jul-2011
Airbus Group EADS General 4,345 76 14-Mar-2011
Alliant Techsystems Alliant Techsystems Inc Acquisition 250 25 08-Oct-2013
700 47 08-Oct-2013
1,010 67 08-Oct-2013
General 200 20 03-Sep-2012
General 150 15 24-Jun-2014
Babcock & Wilcox The Babcock & Wilcox Co General 700 70 22-May-2012
BAE Systems BAE Systems PLC General 3,269 82 12-Dec-2013
Bechtel Bechtel Corp General 950 158 06-Feb-2011
975 195 27-Jul-2012
1,550 258 06-Feb-2011
General 1,000 150 14-Jun-2013
2,000 300 14-Jun-2013
Boeing Boeing Co General 2,300 42 11-May-2011
2,300 42 11-May-2011
CH2M CH2M Hill Cos Ltd General 900 72 19-Apr-2012
Working Capital, General 1,100 220 22-Mar-2014
Finmeccanica Finmeccanica SpA Refinancing 3,001 106 09-Jul-2014
Fluor Fluor Corp Refinancing 1,700 255 28-May-2014
1,800 270 28-May-2014
General 1,800 270 09-Nov-2012
Gencorp GenCorp Inc General 100 13 30-May-2014
200 27 30-May-2014
General Dynamics General Dynamics Corp Refinancing 1,000 125 21-Jun-2013
General 1,000 80 14-Jul-2011
1,000 80 14-Jul-2011
Honeywell International Honeywell International Inc General 2,800 62 17-Mar-2011
General 3,000 129 30-Mar-2012
4,000 800 18-Nov-2013
Huntington Ingalls Huntington Ingalls Ind Inc General, Refinancing 489 27 23-Sep-2013
650 35 23-Sep-2013
Jacobs Engineering Jacobs Engineering Group Inc General 1,160 155 23-Mar-2012
General 460 61 07-Feb-2014
1,140 152 07-Feb-2014
Lockheed Martin Lockheed Martin Corp General 1,500 120 26-Aug-2011
Northrop Grumman Huntington Ingalls Ind Inc General 575 22 31-Mar-2011
650 24 31-Mar-2011
Northrop Grumman Corp General 500 13 18-Aug-2012
Raytheon Raytheon Co General 1,400 280 13-Dec-2011
Serco Serco Group PLC Acquisition 364 109 17-Jun-2011
Acquisition, General 121 36 17-Jun-2011
General 1,159 72 21-Feb-2012
Textron Textron Inc Acquisition 500 50 23-Jan-2014
General 1,000 100 30-Sep-2013
General 1,000 143 02-Mar-2011
ThyssenKrupp ThyssenKrupp AG Refinancing 2,751 138 07-Feb-2014
URS URS Corp Future Acquisitions 500 67 02-Mar-2012
General 700 70 14-Oct-2011
1,000 100 14-Oct-2011
General 39 4 16-Dec-2013
655 66 16-Dec-2013
961 96 16-Dec-2013

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

The table below provides an overview of the underwriting of share issuances by Bank of America (United States) for the nuclear weapon companies since January 2011.

Underwriting of share issuances by Bank of America

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS General 2,987 1,195 04-Sep-2013
Secondary 166 166 08-Jan-2013
492 492 04-Apr-2013
Safran Safran SA Secondary 1,218 305 15-Nov-2013
Serco Serco Group PLC Improve Balance Sht 270 135 05-Jan-2014

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

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

Underwriting of bond issuances by Bank of America

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Corp General 800 80 17-Sep-2014
800 80 17-Sep-2014
Alliant Techsystems Alliant Techsystems Inc General 300 50 22-Oct-2013
BAE Systems BAE Systems PLC General 619 155 30-May-2012
Boeing Boeing Capital Corp General 250 33 28-Jul-2011
500 67 28-Jul-2011
Boeing Co General 350 10 30-Apr-2013
Finmeccanica Finmeccanica Finance SA General 339 20 17-Jan-2014
950 59 26-Nov-2013
Fluor Fluor Corp General 500 100 09-Aug-2011
General Dynamics General Dynamics Corp General 500 40 07-May-2011
500 40 07-May-2011
500 40 07-May-2011
General 500 50 11-Jan-2012
900 90 11-Jan-2012
1,000 100 11-Jan-2012
Honeywell International Honeywell International Inc General 300 10 18-Nov-2013
700 23 18-Nov-2013
General 600 80 14-Feb-2011
800 107 14-Feb-2011
Lockheed Martin Lockheed Martin Corp General 500 40 09-Jun-2011
600 48 09-Jun-2011
900 72 09-Jun-2011
Northrop Grumman Huntington Ingalls Ind Inc General 600 40 03-Apr-2011
600 40 03-Apr-2011
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 43 29-Nov-2011
575 58 29-Nov-2011
1,100 88 27-Nov-2012
Safran Safran SA General 155 78 02-Sep-2012
505 253 02-Sep-2012
540 270 02-Sep-2012
Serco Serco Group PLC General 50 50 05-Sep-2011
70 23 12-Jun-2011
100 100 05-Sep-2011
125 42 12-Jun-2011
140 47 12-Jun-2011
150 150 05-Sep-2011
Textron Textron Inc General 250 30 14-Sep-2011
250 30 14-Sep-2011
General 250 25 23-Jan-2014
350 35 23-Jan-2014
URS URS Corp General 400 100 03-Aug-2012
600 150 03-Aug-2012

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

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

Shareholdings managed by Bank of America

Company Country Total value (US$ mln) % Outstanding Filing date
AECOM United States 221 7.76 06-Jan-2014
Alliant Techsystems United States 28 0.65 30-Jun-2014
Boeing United States 654 0.71 30-Jun-2014
Fluor United States 109 0.90 30-Jun-2014
General Dynamics United States 1,195 3.06 30-Jun-2014
Honeywell International United States 1,058 1.46 30-Jun-2014
Huntington Ingalls United States 29 0.62 30-Jun-2014
Jacobs Engineering United States 66 0.93 30-Jun-2014
Leidos United States 31 1.08 30-Jun-2014
Lockheed Martin United States 1,031 2.02 30-Jun-2014
Northrop Grumman United States 567 2.28 30-Jun-2014
Raytheon United States 850 2.96 30-Jun-2014

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

Bank of China (China)

Bank of China has made an estimated 312 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 Bank of China (China) to the nuclear weapon companies since January 2011.

Loans provided by Bank of China

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Co General 2,300 42 11-May-2011
2,300 42
Finmeccanica Finmeccanica SpA Refinancing 3,001 106 09-Jul-2014
Honeywell International Honeywell International Inc General 4,000 73 18-Nov-2013
Textron Textron Inc Acquisition 500 50 23-Jan-2014

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

Bank of Communications (China)

Bank of Communications 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 loans provided by Bank of Communications (China) to the nuclear weapon companies since January 2011.

Loans provided by Bank of Communications

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Refinancing 750 20 07-Jun-2013

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

Bank of East Asia (Hong Kong)

Bank of East Asia has made an estimated 50 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 Bank of East Asia (Hong Kong) to the nuclear weapon companies since January 2011.

Loans provided by Bank of East Asia

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Textron Textron Inc Acquisition 500 50 23-Jan-2014

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

Bank of New York Mellon (United States)

Bank of New York Mellon has made an estimated 4,787 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 Bank of New York Mellon (United States) to the nuclear weapon companies since January 2011.

Loans provided by Bank of New York Mellon

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
General 200 13 03-Sep-2012
Boeing Boeing Co General 2,300 42 11-May-2011
2,300 42 11-May-2011
General Dynamics General Dynamics Corp General 1,000 35 14-Jul-2011
43 14-Jul-2011
Honeywell International Honeywell International Inc General 2,800 62 17-Mar-2011
General 4,000 73 18-Nov-2013
Northrop Grumman Northrop Grumman Corp General 500 43 08-Sep-2011
1,500 129 08-Sep-2011
General 500 13 18-Aug-2012
Textron Textron Inc Acquisition 500 50 23-Jan-2014
General 1,000 100 30-Sep-2013

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

The table below provides an overview of the underwriting of bond issuances by Bank of New York Mellon (United States) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by Bank of New York Mellon

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Capital Corp General 500 18 28-Jul-2011
Boeing Co General 350 10 30-Apr-2013
General Dynamics General Dynamics Corp General 500 19 05-Jul-2011
500 19 05-Jul-2011
500 19 05-Jul-2011
General 500 21 01-Nov-2012
900 39 01-Nov-2012
1,000 43 01-Nov-2012
Honeywell International Honeywell International Inc General 300 10 18-Nov-2013
700 23 18-Nov-2013
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 1,100 60 27-Nov-2012
Textron Textron Inc General 250 25 14-Sep-2011
250 25 14-Sep-2011
General 250 19 23-Jan-2014
350 26 23-Jan-2014

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

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

Shareholdings managed by Bank of New York Mellon

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 458 1.99 07-Aug-2014
Boeing United States 738 0.80 30-Jun-2014
Fluor United States 222 1.83 30-Jun-2014
Gencorp United States 6 0.52 30-Jun-2014
General Dynamics United States 237 0.61 30-Jun-2014
Honeywell International United States 430 0.59 30-Jun-2014
Huntington Ingalls United States 23 0.50 30-Jun-2014
Jacobs Engineering United States 39 0.55 30-Jun-2014
Leidos United States 70 2.44 30-Jun-2014
Lockheed Martin United States 451 0.88 30-Jun-2014
Northrop Grumman United States 354 1.42 30-Jun-2014
Raytheon United States 208 0.73 30-Jun-2014
Rockwell Collins United States 141 1.34 30-Jun-2014
Serco United Kingdom 166 4.30 03-Mar-2014
Textron United States 110 1.03 30-Jun-2014

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

Banner Bank (United States)

Banner Bank 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 Banner Bank (United States) to the nuclear weapon companies since January 2011.

Loans provided by Banner Bank

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.

Barclays (United Kingdom)

Barclays has made an estimated 4.938 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 Barclays (United Kingdom) to the nuclear weapon companies since January 2011.

Loans provided by Barclays

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology General 1,050 39 29-Jan-2014
Airbus Group EADS General 4,345 163 14-Mar-2011
BAE Systems BAE Systems PLC General 3,269 82 12-Dec-2013
Bechtel Bechtel Corp General 1,000 100 14-Jun-2013
2,000 200 14-Jun-2013
Boeing Boeing Co General 2,300 42 11-May-2011
2,300 42 11-May-2011
Finmeccanica Finmeccanica SpA Refinancing 3,001 106 09-Jul-2014
Fluor Fluor Corp Refinancing 1,700 227 28-May-2014
1,800 240 28-May-2014
General Dynamics General Dynamics Corp General 1,000 35 14-Jul-2011
Honeywell International Honeywell International Inc General 2,800 62 17-Mar-2011
General 3,000 129 30-Mar-2012
4,000 800 18-Nov-2013
Jacobs Engineering Jacobs Engineering Group Inc General 1,140 62 07-Feb-2014
Northrop Grumman Northrop Grumman Corp General 500 13 18-Aug-2012
Serco Serco Group PLC Acquisition 364 109 17-Jun-2011
Acquisition, General 121 36 17-Jun-2011
General 1,159 72 21-Feb-2012
TASC TASC Inc Refinancing 100 13 19-Apr-2011
575 72 19-Apr-2011
Refinancing 50 5 23-Apr-2014
250 25 23-Apr-2014
393 39 23-Apr-2014
URS URS Corp Future Acquisitions 500 43 02-Mar-2012
General 39 2 16-Dec-2013
655 39 16-Dec-2013
961 58 16-Dec-2013

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

The table below provides an overview of the underwriting of share issuances by Barclays (United Kingdom) for the nuclear weapon companies since January 2011.

Underwriting of share issuances by Barclays

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Holdings Ltd General 280 34 30-Jul-2011

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

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

Underwriting of bond issuances by Barclays

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
500 18 28-Jul-2011
Boeing Co General 150 50 30-Apr-2013
Finmeccanica Finmeccanica Finance SA General 339 20 17-Jan-2014
777 71 28-Nov-2012
950 59 26-Nov-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
General 600 80 14-Feb-2011
800 107 14-Feb-2011
Larsen & Toubro L&T Finance Ltd General 24 24 09-Jun-2011
Larsen & Toubro Ltd General 49 49 04-Oct-2012
49 49 29-Mar-2012
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
Serco Serco Group PLC General 20 10 13-May-2013
70 23 12-Jun-2011
70 35 13-May-2013
125 42 12-Jun-2011
140 47 12-Jun-2011
150 75 13-May-2013

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

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

Shareholdings managed by Barclays

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 877 4.04 19-Feb-2014

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

 

BayernLB (Germany)

BayernLB has made an estimated 736 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 BayernLB (Germany) to the nuclear weapon companies since January 2011.

Loans provided by BayernLB

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS General 4,345 76 14-Mar-2011
Boeing
2,300 42 11-May-2011
Northrop Grumman Northrop Grumman Corp General 500 13 18-Aug-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 BayernLB (Germany) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by BayernLB

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Co General 350 10 30-Apr-2013
ThyssenKrupp ThyssenKrupp AG General 1,670 417 18-Feb-2013

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

 

BB&T Corporation (United States)

BB&T Corporation 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 loans provided by BB&T Corporation (United States) to the nuclear weapon companies since January 2011.

Loans provided by BB&T Corporation

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Refinancing 750 20 07-Jun-2013
General 1,050 39 29-Jan-2014
Alliant Techsystems Alliant Techsystems Inc Acquisition 700 12 08-Oct-2013
1,010 17 08-Oct-2013
General 200 13 03-Sep-2012
Babcock & Wilcox The Babcock & Wilcox Co General 700 32 22-May-2012
Northrop Grumman Huntington Ingalls Ind Inc General 575 22 31-Mar-2011
650 24 31-Mar-2011
URS URS Corp General 39 2 16-Dec-2013
655 39 16-Dec-2013
961 58 16-Dec-2013

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

Beck, Mack & Oliver (United States)

Beck, Mack & Oliver has made an estimated 108 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 Beck, Mack & Oliver (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Beck, Mack & Oliver

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 108 0.89 30-Jun-2014

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

 

Becker Capital Management (United States)

Becker Capital Management has made an estimated 21 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 Becker 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 Becker Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 21 0.61 30-Jun-2014

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

Bessemer (United States)

Bessemer has made an estimated 80 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 Bessemer (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Bessemer

Company Country Total value (US$ mln) % Outstanding Filing date
Rockwell Collins United States 80 0.76 30-Jun-2014

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

BlackRock (United States)

BlackRock has made an estimated 24,792 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 BlackRock (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by BlackRock

Company Country Total value (US$ mln) % Outstanding Filing date
AECOM United States 199 6.21 30-Jun-2014
Airbus Group France 3,373 6.22 31-Jul-2014
Alliant Techsystems United States 240 5.62 30-Jun-2014
Babcock & Wilcox United States 129 3.69 30-Jun-2014
BAE Systems United Kingdom 1,142 5.01 04-Jul-2014
Boeing United States 3,345 3.65 30-Jun-2014
Finmeccanica Italy 106 1.98 31-Jul-2014
Fluor United States 474 3.92 30-Jun-2014
Gencorp United States 94 8.36 30-Jun-2014
General Dynamics United States 1,588 4.08 30-Jun-2014
Honeywell International United States 3,368 4.63 30-Jun-2014
Huntington Ingalls United States 276 6.01 30-Jun-2014
Jacobs Engineering United States 276 3.89 30-Jun-2014
Larsen & Toubro India 166 0.72 31-Jul-2014
Leidos United States 157 5.47 30-Jun-2014
Lockheed Martin United States 2,403 4.71 30-Jun-2014
Northrop Grumman United States 2,132 8.57 30-Jun-2014
Raytheon United States 2,211 7.72 30-Jun-2014
Rockwell Collins United States 428 4.06 30-Jun-2014
Safran France 820 3.06 31-Jul-2014
Serco United Kingdom 156 4.56 07-May-2014
Textron United States 429 4.01 30-Jun-2014
ThyssenKrupp Germany 1,015 6.02 31-Jul-2014
URS United States 174 5.49 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 BlackRock (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by BlackRock

Company Country Total value (US$ mln) % Outstanding Filing date
General Dynamics United States 22 0.57 05-Sep-2014
Huntington Ingalls United States 47 3.95 05-Sep-2014
Northrop Grumman United States 22 0.50 05-Sep-2014

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

Blue Cross Blue Shield Association (United States)

Blue Cross Blue Shield Association 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 nuclear weapon companies of which Blue Cross Blue Shield Association (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Blue Cross Blue Shield Association

Company Country Total value (US$ mln) % Outstanding Filing date
Larsen & Toubro India 8 1.44 31-Mar-2014

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

Blue Harbour Group (United States)

Blue Harbour Group has made an estimated 228 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 Blue Harbour Group (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Blue Harbour Group

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 228 6.54 30-Jun-2014

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

BlueMountain Capital Management (United States)

BlueMountain Capital Management has made an estimated 27 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 BlueMountain 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 BlueMountain Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Gencorp United States 27 3.35 30-Jun-2014

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

 

BMO Financial (Canada)

BMO Financial has made an estimated 328 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 BMO Financial (Canada) to the nuclear weapon companies since January 2011.

Loans provided by BMO Financial

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology General 1,050 39 29-Jan-2014
URS URS Corp General 700 35 14-Oct-2011
1,000 50 14-Oct-2011

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

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

Shareholdings managed by BMO Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Huntington Ingalls United States 60 1.31 30-Jun-2014
Northrop Grumman United States 144 0.58 30-Jun-2014

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

BNP Paribas (France)

BNP Paribas has made an estimated 7,052 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 BNP Paribas (France) to the nuclear weapon companies since January 2011.

Loans provided by BNP Paribas

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Future Acquisitions 1,187 142 11-Aug-2014
1,050 126 11-Aug-2014
Refinancing 750 20 07-Jun-2013
General 1,050 105 29-Jan-2014
Working Capital, General 1,050 158 13-Jul-2011
Airbus Group EADS General 4,345 163 14-Mar-2011
Babcock & Wilcox The Babcock & Wilcox Co General 700 70 22-May-2012
BAE Systems BAE Systems PLC General 3,269 82 12-Dec-2013
Bechtel Bechtel Corp General 950 158 06-Feb-2011
975 195 27-Jul-2012
1,550 258 06-Feb-2011
General 1,000 150 14-Jun-2013
2,000 300 14-Jun-2013
Boeing Boeing Co General 2,300 42 11-May-2011
2,300 42 11-May-2011
CH2M CH2M Hill Cos Ltd General 900 135 19-Apr-2012
Working Capital, General 1,100 220 22-Mar-2014
Finmeccanica Finmeccanica SpA Refinancing 3,001 150 09-Jul-2014
Fluor Fluor Corp Refinancing 1,700 255 28-May-2014
1,800 270 28-May-2014
General 1,800 270 09-Nov-2012
Honeywell International Honeywell International Inc General 2,800 62 17-Mar-2011
General 3,000 129 30-Mar-2012
4,000 73 18-Nov-2013
Jacobs Engineering Jacobs Engineering Group Inc General 1,160 139 23-Mar-2012
155 23-Mar-2012
General 460 61 07-Feb-2014
1,140 62 07-Feb-2014
152 07-Feb-2014
Northrop Grumman Huntington Ingalls Ind Inc General 575 22 31-Mar-2011
650 24 31-Mar-2011
Northrop Grumman Corp General 500 43 09-Aug-2011
1,500 129 09-Aug-2011
General 500 13 18-Aug-2012
Safran Safran SA Refinancing 1,320 176 21-Oct-2011
ThyssenKrupp ThyssenKrupp AG Refinancing 2,751 138 07-Mar-2014
URS URS Corp Future Acquisitions 500 43 02-Mar-2012
General 700 70 14-Oct-2011
1,000 100 14-Oct-2011
General 39 4 16-Dec-2013
655 66 16-Dec-2013
961 96 16-Dec-2013

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

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

Underwriting of bond issuances by BNP Paribas

Company Subsidiary Use of Proceeds Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology Corp  General 800 80 17-Sep-2014
800 80 17-Sep-2014
BAE Systems BAE Systems PLC General 619 155 30-May-2012
Boeing Boeing Capital Corp General 250 9 28-Jul-2011
500 18 28-Jul-2011
Boeing Co General 350 10 30-Apr-2013
Finmeccanica Finmeccanica Finance SA General 339 20 17-Jan-2014
777 71 28-Nov-2012
950 59 26-Nov-2013
Fluor Fluor Corp General 500 100 09-Aug-2011
Honeywell International Honeywell International Inc General 300 10 18-Nov-2013
700 23 18-Nov-2013
General 600 33 14-Feb-2011
800 44 14-Feb-2011
Northrop Grumman Huntington Ingalls Ind Inc General 600 40 03-Apr-2011
600 40 03-Apr-2011
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
Thales Thales SA General 389 56 13-Mar-2013
648 93 13-Mar-2013
ThyssenKrupp ThyssenKrupp AG General 1,654 414 21-Feb-2012
1,717 429 19-Feb-2014

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

 

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

 Bondholdings managed by BNP Paribas

Company Country Total value (US$ mln) % Outstanding Filing date
Thales France 9 0.84 30-Jun-2014

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

 

Boston Mutual Life Insurance (United States)

Boston Mutual Life Insurance 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 Boston Mutual Life Insurance (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Boston Mutual Life Insurance

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.

Boston Private Financial (United States)

Boston Private Financial has made an estimated 162 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 Boston Private Financial (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Boston Private Financial

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 63 1.81 30-Jun-2014
Leidos United States 36 1.25 30-Jun-2014
Rockwell Collins United States 63 0.60 30-Jun-2014

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

Brown Advisory (United States)

Brown Advisory has made an estimated 552 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 Brown Advisory (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Brown Advisory

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 552 4.55 30-Jun-2014

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

Burgundy Asset Management (Canada)

Burgundy Asset Management 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 nuclear weapon companies of which Burgundy Asset Management (Canada) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Burgundy Asset Management

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 69 1.97 30-Jun-2014

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