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Sunday May 30, 2010 9:58 AM (EST+7)
Deutsche Bank divests from Elbit


Read more: Deutsche Bank, Elbit, Wall, boycott divestment and sanctions, BDS

RAMALLAH, May 30 (JMCC) - Deutsche Bank announced Friday that it was divesting from Elbit Systems due to shareholder pressure against Elbit's involvement in building the Wall in the occupied West Bank. According to the Jerusalem Post:

Deutsche Bank, the largest Bank in Germany and one of the largest in the world, announced late on Friday that it was selling its 2 per cent stake in Elbit. Deutsche Bank was the fifth largest investor in Elbit.

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