The Standing Rock Sioux tribes that are protesting to stop the Dakota Access Pipeline have their work cut out for them. Not only are they fighting against oil and fossil fuel companies, but big banks as well.
A new investigation by Food & Water Watch is shedding light on the financial backers of the Dakota Access Pipeline. The pipeline is threatening to not only destroy sacred Sioux lands, but poison drinking water supplies. The protestors managed to halt the project at least until Friday, even after being attacked and peppered sprayed by private contractors.
Almost 40 different financial institutions are involved in financing the construction of the pipeline:
The pipeline, and the protests against it, has long been compared to the Keystone XL pipeline. Both have significant criticism against them, with thousands protesting, being arrested, and enduring physical attacks. Their routes are very similar as well.
The following is a full list of the banks financially involved in the building of the Dakota Access Pipeline:
- Bank of Nova Scotia
- Citizens Bank
- Comerica Bank
- US Bank
- PNC Bank
- Barclays
- JP Morgan Chase
- Bank of America
- Deutsche Bank
- Compass Bank
- Credit Suisse
- DNB Capital/ASA
- Sumitomo Mitsui Bank
- Royal Bank of Canada
- UBS
- Goldman Sachs
- Morgan Stanley
- Community Trust
- HSBC Bank
- Wells Fargo
- BNP Paribas
- SunTrust
- Royal Bank of Scotland
- Bank of Tokyo Mitsubishi UFJ
- Mizuho Bank
- Citibank
- TD Securities
- ABN Amro Capital
- Credit Agracole
- Intesa Sanpaolo
- ING Bank
- Natixis
- BayernLB
- BBVA Securities
- DNB First Bank
- ICBC London
- SMBC Nikko Securities
- Societe Generale
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