Barclays planned to pull out of Israel’s bond auctions under activist pressure

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Financial Times 16h ago

Barclays planned to pull out of Israel’s bond auctions under activist pressure - Financial Times

Quick Summary:

In June, Barclays put on hold planned sponsorships for a number of music festivals after several artists threatened to boycott the events.

However, some investors have rallied behind the country, with some US municipal governments increasing their purchases of Israel bonds as a gesture of support.

However, in recent months Israel has come under fire over the soaring toll of its offensive, which has killed more than 39,900 Palestinians, according to Palestinian officials, and fuelled a humanitarian catastrophe in the enclave.