Hall of Shame – I

The following financial institutions beginning with “I” 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.

[toggle title=“ICAP (India)”]

ICAP 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 ICAP (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by ICAP

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd 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.

[/toggle] [toggle title=“ICICI Bank (India)”]

ICICI Bank has made an estimated 82 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 ICICI Bank (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by ICICI Bank

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Capital Corp 250 9 28-Jul-2011
Larsen & Toubro L&T Finance Holdings Ltd 51 20 14-Dec-2012
L&T Finance Ltd 8 2 20-Mar-2014
30 8 06-Sep-2014
36 5 13-Jun-2014
37 14 29-Oct-2013
45 6 13-Jun-2014
36 9 14-Jun-2012
36 9 14-Jun-2012

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

[/toggle] [toggle title=“IDFC (India)”]

IDFC has made an estimated 10 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 IDFC (India) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by IDFC

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Larsen & Toubro L&T Finance Ltd 18 5 17-May-2013
18 5 17-May-2013

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

[/toggle] [toggle title=“Illinois Mutual Life Insurance (United States)”]

Illinois 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 Illinois 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 Illinois 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.

[/toggle] [toggle title=“Impala Asset Management (United States)”]

Impala Asset Management has made an estimated 123 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 Impala 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 Impala Asset Management

Company Country Total value (US$ mln) % Outstanding Filing date
Fluor United States 123 1.02 30-Jun-2014

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

[/toggle] [toggle title=“Industrial and Commercial Bank of China (China)”]

Industrial and Commercial Bank of China has made an estimated 233 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 Industrial and Commercial Bank of China (China) to the nuclear weapon companies since January 2011.

Loans provided by Industrial and Commercial Bank of China

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 4,345 76 14-Mar-2011
Boeing Boeing Co 2,300 42 11-May-2011
2,300 42 11-May-2011
Honeywell International Honeywell International Inc 4,000 73 18-Nov-2013

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

[/toggle] [toggle title=“ING Group (Netherlands)”]

ING Group has made an estimated 344 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 ING Group (Netherlands) to the nuclear weapon companies since January 2011.

Loans provided by ING Group

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 4,345 76 14-Mar-2011
Fluor Fluor Corp 1,800 180 07-Nov-2012

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

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

Underwriting of bond issuances by ING Group

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Fluor Fluor Corp 500 20 09-Aug-2011

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 ING Group (Netherlands) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by ING Group

Company Country Total value (US$ mln) % Outstanding Filing date
Honeywell International United States 48 0.77 31-Mar-2014
Leidos United States 10 0.77 31-Mar-2014
Rockwell Collins United States 10 0.62 31-Mar-2014

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

[/toggle] [toggle title=“International Value Advisors (United States)”]

International Value Advisors has made an estimated 77 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 International Value Advisors (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by International Value Advisors

Company Country Total value (US$ mln) % Outstanding Filing date
Thales France 77 0.56 31-Mar-2014

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

[/toggle] [toggle title=“Intesa Sanpaolo (Italy)”]

Intesa Sanpaolo has made an estimated 1,147 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 Intesa Sanpaolo (Italy) to the nuclear weapon companies since January 2011.

Loans provided by Intesa Sanpaolo

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 4,345 76 14-Mar-2011
Boeing Boeing Co 2,300 42 11-May-2011
2,300 42 11-May-2011
Finmeccanica Finmeccanica SpA 3,001 106 09-Jul-2014
Honeywell International Honeywell International Inc 2,800 62 17-Mar-2011
3,000 129 30-Mar-2012
4,000 73 18-Nov-2013
Northrop Grumman Northrop Grumman Corp 500 13 18-Aug-2012
Raytheon Raytheon Co 1,400 76 13-Dec-2011
ThyssenKrupp ThyssenKrupp AG 2,751 75 07-Mar-2014

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

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

Underwriting of bond issuances by Intesa Sanpaolo

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Capital Corp 250 9 28-Jul-2011
Boeing Co 350 10 30-Apr-2013
Finmeccanica Finmeccanica Finance SA 339 20 17-Jan-2014
777 71 28-Nov-2012
950 59 26-Nov-2013
Fluor Fluor Corp 500 20 09-Aug-2011
Honeywell International Honeywell International Inc 300 10 18-Nov-2013
700 23 18-Nov-2013
600 33 14-Feb-2011
800 44 14-Feb-2011
Northrop Grumman Northrop Grumman Corp 850 26 28-May-2013
950 29 28-May-2013
1,050 32 28-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 Intesa Sanpaolo (Italy) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Intesa Sanpaolo

Company Country Total value (US$ mln) % Outstanding Filing date
Rockwell Collins United States 71 0.67 30-Jun-2014

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

[/toggle] [toggle title=“Invesco (United States)”]

Invesco has made an estimated 4,928 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 Invesco (United States) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by Invesco

Company Country Total value (US$ mln) % Outstanding Filing date
Babcock & Wilcox United States 115 3.29 30-Jun-2014
BAE Systems United Kingdom 2,335 9.99 17-Jun-2014
Fluor United States 210 1.73 30-Jun-2014
Gencorp United States 6 0.56 30-Jun-2014
General Dynamics United States 540 1.39 30-Jun-2014
Honeywell International United States 369 0.51 30-Jun-2014
Jacobs Engineering United States 164 2.31 30-Jun-2014
Northrop Grumman United States 125 0.50 30-Jun-2014
Raytheon United States 336 1.17 30-Jun-2014
Serco United Kingdom 341 9.98 21-May-2014
Textron United States 373 3.49 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 Invesco (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Invesco

Company Country Total value (US$ mln) % Outstanding Filing date
Gencorp United States 13 1.64 08-Sep-2014

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

[/toggle] [toggle title=“Invest AD (United Arab Emirates)”]

Invest AD has made an estimated 76 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 Invest AD (United Arab Emirates) to the nuclear weapon companies since January 2011.

Loans provided by Invest AD

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Raytheon Raytheon Co 1,400 76 13-Dec-2011

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

[/toggle] [toggle title=“IONIC Capital Management (United States)”]

IONIC Capital Management has made an estimated 54 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 IONIC 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 IONIC Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Gencorp United States 49 4.41 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 IONIC 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 IONIC Capital Management

Company Country Total value (US$ mln) % Outstanding Filing date
Gencorp United States 5 0.57 30-Jun-2014

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

[/toggle]