Hall of Shame – U

The following financial institutions beginning with “U” 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=”UBI Banca (Italy)”]

UBI Banca has made an estimated 106 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 UBI Banca (Italy) to the nuclear weapon companies since January 2011.

Loans provided by UBI Banca

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica SpA 3,001 106 09-Jul-2014

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

[/toggle] [toggle title=”UBS (Switzerland)”]

UBS has made an estimated 3,685 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 UBS (Switzerland) to the nuclear weapon companies since January 2011.

Loans provided by UBS

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 4,345 76 14-Mar-2011
BAE Systems BAE Systems PLC 3,269 82 12-Dec-2013
Boeing Boeing Co 2,300 42 05-Nov-2011
2,300 42 05-Nov-2011
Lockheed Martin Lockheed Martin Corp 1,500 90 26-Aug-2011

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

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

Underwriting of share issuances by UBS

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 922 922 26-Apr-2013
Safran Safran SA 1,218 610 15-Nov-2013

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 UBS (Switzerland) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by UBS

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Boeing Boeing Capital Corp 250 9 28-Jul-2011
500 18 28-Jul-2011
Boeing Co 350 10 30-Apr-2013
Fluor Fluor Corp 500 20 09-Aug-2011
Honeywell International Honeywell International Inc 600 33 14-Feb-2011
800 44 14-Feb-2011
Lockheed Martin Lockheed Martin Corp 500 30 09-Jun-2011
600 36 09-Jun-2011
900 54 09-Jun-2011
Raytheon Raytheon Co 425 21 29-Nov-2011
575 29 29-Nov-2011
1,100 88 27-Nov-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 UBS (Switzerland) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by UBS

Company Country Total value (US$ mln) % Outstanding Filing date
Airbus Group France 1,222 2.33 09-Jun-2014
BAE Systems United Kingdom 204 0.89 07-Aug-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 UBS (Switzerland) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by UBS

Company Country Total value (US$ mln) % Outstanding Filing date
Huntington Ingalls United States 7 0.60 30-Apr-2014

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

[/toggle] [toggle title=”UniCredit (Italy)”]

UniCredit has made an estimated 1,786 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 UniCredit (Italy) to the nuclear weapon companies since January 2011.

Loans provided by UniCredit

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Airbus Group EADS 4,345 163 14-Mar-2011
Finmeccanica Finmeccanica SpA 3,001 106 09-Jul-2014
Honeywell International Honeywell International Inc 2,800 62 17-Mar-2011
4,000 73 18-Nov-2013
Northrop Grumman Northrop Grumman Corp 500 13 18-Aug-2012
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 UniCredit (Italy) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by UniCredit

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Finmeccanica Finmeccanica Finance SA 339 20 17-Jan-2014
777 71 28-Nov-2012
950 59 26-Nov-2013
Northrop Grumman Northrop Grumman Corp 850 26 28-May-2013
950 29 28-May-2013
1,050 32 28-May-2013
ThyssenKrupp ThyssenKrupp AG 457 228 03-May-2013
1,654 414 21-Feb-2012
1,670 417 18-Feb-2013

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

[/toggle] [toggle title=”United Fire Group (United States)”]

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

Bondholdings managed by United Fire 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.

[/toggle] [toggle title=”Unum Group (United States)”]

Unum Group has made an estimated 281 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 Unum Group (United States) owns or manages 0.50% or more of the outstanding bonds at the most recent available filing date.

Bondholdings managed by Unum Group

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 84 2.55 31-Mar-2014
Huntington Ingalls United States 24 1.96 31-Mar-2014
Leidos United States 37 2.85 31-Mar-2014
Lockheed Martin United States 55 0.57 31-Mar-2014
Raytheon United States 66 1.25 31-Mar-2014
Textron United States 15 0.70 31-Mar-2014

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

[/toggle] [toggle title=”US Bancorp (United States)”]

US Bancorp has made an estimated 3,610 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 US Bancorp (United States) to the nuclear weapon companies since January 2011.

Loans provided by US Bancorp

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
AECOM AECOM Technology 750 20 07-Jun-2013
1,050 39 29-Jan-2014
Alliant Techsystems Alliant Techsystems Inc 250 25 08-Oct-2013
700 47 08-Oct-2013
1,010 67 08-Oct-2013
200 20 03-Sep-2012
150 7 24-Jun-2014
Babcock & Wilcox The Babcock & Wilcox Co 700 32 22-May-2012
Boeing Boeing Co 2,300 42 11-May-2011
2,300 42 11-May-2011
2,300 460 29-Sep-2012
2,300 460 29-Sep-2012
CH2M CH2M Hill Cos Ltd 900 72 19-Apr-2012
Fluor Fluor Corp 1,700 227 28-May-2014
1,800 240 28-May-2014
1,800 180 07-Nov-2012
Gencorp GenCorp Inc 100 8 30-May-2014
200 15 30-May-2014
50 13 16-Aug-2012
50 10 18-Nov-2011
150 30 18-Nov-2011
General Dynamics General Dynamics Corp 1,000 35 14-Jul-2011
43 14-Jul-2011
Honeywell International Honeywell International Inc 2,800 62 17-Mar-2011
4,000 73 18-Nov-2013
Huntington Ingalls Huntington Ingalls Ind Inc 489 27 23-Sep-2013
650 35 23-Sep-2013
Jacobs Engineering Jacobs Engineering Group Inc 1,160 139 23-Mar-2012
460 39 07-Feb-2014
1,140 62 07-Feb-2014
Lockheed Martin Lockheed Martin Corp 1,500 90 26-Aug-2011
Northrop Grumman Huntington Ingalls Ind Inc 575 22 31-Mar-2011
650 24 31-Mar-2011
Northrop Grumman Corp 500 13 18-Aug-2012
Raytheon Raytheon Co 1,400 76 13-Dec-2011
Textron Textron Inc 1,000 75 30-Sep-2013
500 25 23-Jan-2014
URS URS Corp 500 43 02-Mar-2012
700 35 14-Oct-2011
1,000 50 14-Oct-2011
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 bond issuances by US Bancorp (United States) for the nuclear weapon companies since January 2011.

Underwriting of bond issuances by US Bancorp

Company Subsidiary Total value (US$ mln) Est. participation of this bank (US$ mln) Date
Alliant Techsystems Alliant Techsystems Inc 300 50 22-Oct-2013
Boeing Boeing Capital Corp 500 18 28-Jul-2011
Boeing Co 350 10 30-Apr-2013
General Dynamics General Dynamics Corp 500 19 07-May-2011
500 19 07-May-2011
500 19 07-May-2011
500 21 11-Jan-2012
900 39 11-Jan-2012
1,000 43 11-Jan-2012
Lockheed Martin Lockheed Martin Corp 500 30 09-Jun-2011
600 36 09-Jun-2011
900 54 09-Jun-2011
Northrop Grumman Northrop Grumman Corp 850 26 28-May-2013
950 29 28-May-2013
1,050 32 28-May-2013
Textron Textron Inc 250 19 23-Jan-2014
350 26 23-Jan-2014

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

[/toggle] [toggle title=”USS Investment Management (United Kingdom)”]

USS Investment Management has made an estimated 126 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 USS 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 USS Investment Management

Company Country Total value (US$ mln) % Outstanding Filing date
BAE Systems United Kingdom 126 0.56 07-Aug-2014

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

[/toggle] [toggle title=”UTI Asset Management (India)”]

UTI Asset Management has made an estimated 1,315 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 UTI Asset Management (India) owns or manages 0.50% or more of the outstanding shares at the most recent available filing date.

Shareholdings managed by UTI Asset Management

Company Country Total value (US$ mln) % Outstanding Filing date
Larsen & Toubro India 1,315 8.18 31-Dec-2013

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

[/toggle]