Barclays faced backlash for its ties to Israeli defense firms, initially considering withdrawing from bond auctions but ultimately deciding to reaffirm commitment to Israel.
Israel's accountant general praised Barclays for its commitment, emphasizing that it is crucial for global financial institutions to support Israel's right to self-defense.
Pro-Palestinian activists have targeted Barclays, pressuring the bank regarding its financial services to defense companies linked to Israel, particularly as tensions escalate.
Barclays clarified that it trades shares for clients, not investing its own funds in defense firms, addressing misconceptions about its role in the conflict.
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