Firms invested £17bn in companies making cluster bombs, report says

More than 150 financial institutions continue to invest despite worldwide ban since 2008 More than 150 financial institutions worldwide invested £17bn in companies producing cluster munitions in spite of an international ban, according to a report. The report from the Netherlands-based peace organisation PAX lists in its "hall of shame" banks, pension funds and other financial institutions that have contributed to production of the munitions between June 2011 and September 2014.