Does direct action work?
Well, yes !
Scotiabank's 1832 Asset Management subsidiary has dissolved its stake in Israeli arms manufacturer #Elbit Systems ESLT.TA, ESLT.O, regulatory filings showed, after the Canadian bank faced sharp criticism for the investment.
The investment arm no longer holds shares in Elbit, a change from its reported holding of about 165,000 shares in November, according to the filing with the US Securities and Exchange Commission on Friday
