Editing Cluster munition (section)

==Financiers==

According to BankTrack, an international network of [[NGOs]] specializing in control of [[financial institution]]s, many major [[bank]]s and other financial corporations either directly financed, or provided financial services to companies producing cluster munition in 2005–2012. Among other, BankTrack 2012 report<ref>{{cite web|url=http://www.banktrack.org/manage/ajax/ems_dodgydeals/createPDF/cluster_munitions_producers|title=Financial institutions involved in CM production process, 2012 report by BankTrack|access-date=15 May 2018|archive-url=https://web.archive.org/web/20120825134655/http://www.banktrack.org/manage/ajax/ems_dodgydeals/createPDF/cluster_munitions_producers|archive-date=2012-08-25|url-status=dead}}</ref> names [[ABN AMRO]], [[Bank of America]], [[Bank of China]], [[Bank of Tokyo Mitsubishi UFJ]], [[Barclays]], [[BBVA]], [[BNP Paribas]], [[Citigroup]], [[Commerzbank AG]], [[Commonwealth Bank of Australia]], [[Crédit Agricole]], [[Credit Suisse Group]], [[Deutsche Bank]], [[Goldman Sachs]], [[HSBC]], [[Industrial Bank of China]], [[ING Group]], [[JPMorgan Chase]], [[Korea Development Bank]], [[Lloyds TSB]], [[Merrill Lynch]], [[Morgan Stanley]], [[Royal Bank of Canada]], [[Royal Bank of Scotland]], [[Sberbank]], [[Société Générale]], [[UBS]], [[Wells Fargo]].

Many of these financial companies are connected to such producers of cluster munitions as [[Alliant Techsystems]], [[China Aerospace Science and Technology Corporation]], [[Hanwha]], [[Norinco]], [[Singapore Technologies Engineering]], [[Textron]], and others.<ref>{{cite web|url=http://reliefweb.int/sites/reliefweb.int/files/resources/Key%20findings%202014%20-%20UNDER%20EMBARGO%20UNTIL%2027%20NOV,%2001.00%20GMT.pdf|title=Key Findings from the November 2014 update of "Worldwide Investments in Cluster Munitions a shared responsibility" by PAX|access-date=15 May 2018}}</ref>

According to Pax Christi, a Netherlands-based NGO, in 2009, around 137 financial institutions financed cluster munition production.<ref>{{cite web|url=http://www.commondreams.org/headline/2012/06/14-1|title=Report: Banks, Financial Institutions Still Funding Cluster Bomb-Making Companies with Billions of Dollars|access-date=15 May 2018|archive-date=25 March 2014|archive-url=https://web.archive.org/web/20140325034427/http://www.commondreams.org/headline/2012/06/14-1|url-status=dead}}</ref> Out of 137 institutions, 63 were based in the US, another 18 in the EU (the United Kingdom, France, Germany, Italy etc.), 16 were based in China, 4 in Singapore, 3 in each of: Canada, Japan, Taiwan, 2 in Switzerland, and 4 other countries had 1 financial institution involved.<ref>{{cite web|url=http://www.stopexplosiveinvestments.org/uploads/pdf/5.%20Worldwide%20investments%20in%20cluster%20munitions;%20a%20shared%20responsibility%20June%202012.pdf|title=Worldwide investments in CLUSTER MUNITIONS a shared responsibility IKV Pax Christi report update June 2012|access-date=15 May 2018|archive-url=https://web.archive.org/web/20131112182123/http://www.stopexplosiveinvestments.org/uploads/pdf/5.%20Worldwide%20investments%20in%20cluster%20munitions;%20a%20shared%20responsibility%20June%202012.pdf|archive-date=2013-11-12|url-status=dead}}</ref>