JPMorgan Chase, Bank of America Funding Cluster Bomb Manufacturers

HeadlineJun 16, 2016

A new report by the Netherlands-based peace organization PAX accuses 150 financial institutions—including U.S. banking giants JPMorgan Chase and Bank of America—of investing billions of dollars in companies manufacturing internationally banned cluster bombs. The weapons contain bomblets which fan out over a wide area and often fail to explode until civilians pick them up later.

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