Is Your Money Supporting Illegal Occupation?

TLDRYour investments may be funding illegal settlements and the bombing of Palestinian children. HSBC has been implicated in indirectly supporting the illegal occupation of the West Bank. This video explores the findings of a report that exposes HSBC's involvement and raises questions about whether we should boycott the bank.

Key insights

🏦HSBC has been accused of indirectly supporting the illegal occupation of the West Bank.

💰HSBC has invested in companies involved in activities that breach human rights and international laws.

🏢HSBC has increased its stake in defense contractors that are benefiting from the Gaza genocide.

⚖️Financial institutions like HSBC have a duty to protect human rights and influence their business relations.

🌍HSBC's Islamic funds have investments in companies that support illegal settlements.

Q&A

Should I boycott HSBC?

—The decision to boycott HSBC is a personal one. However, you may want to consider the bank's involvement in supporting illegal occupation and breaching human rights.

Does HSBC have any ethical investment options?

—While HSBC does have Islamic funds, some of these funds have investments in companies that are on BDS lists. You may want to explore alternative banks that offer more ethically sound investment options.

Are there alternatives to HSBC?

—Yes, there are several alternative banks, such as Triodos Bank, The Cooperative Bank, and Starling, that offer more ethically sound options for your banking and investment needs.

What can I do to voice my concerns to HSBC?

—You can send an email to the CEOs of HSBC Global, HSBC UK, and the head of their Islamic division expressing your concerns and urging the bank to address the issues highlighted in the video.

What impact can boycotting HSBC have?

—Boycotting HSBC can send a message to the bank and the wider financial industry that supporting illegal occupation and breaching human rights is unacceptable. It can also encourage other individuals and institutions to reconsider their investments and banking choices.

Timestamped Summary

00:00Your investments may be funding illegal settlements and the bombing of Palestinian children.

02:23HSBC has been accused of indirectly supporting the illegal occupation of the West Bank.

02:59HSBC has invested in companies involved in activities that breach human rights and international laws.

05:39HSBC has increased its stake in defense contractors that are benefiting from the Gaza genocide.

09:23Financial institutions like HSBC have a duty to protect human rights and influence their business relations.

10:43HSBC's Islamic funds have investments in companies that support illegal settlements.

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