A group of activists is targeting Allen & Overy (A&O) as part of a protest march this afternoon (5 April) after accusing the magic circle firm of “representing vulture funds”.
The march will target the firm’s Canary Wharf office, which formerly housed a 200-strong banking team but which was vacated last year when A&O reunited the team with the rest of the firm in its Spitalfields HQ.
The UK Uncut group is targeting A&O as well as the Canary Wharf offices of Barclays, HSBC, Bank of America Merrill Lynch and Citigroup. The group’s website says it chose A&O because its clients include BAE Systems and “vulture funds” – a term which refers to funds that invest in debt issued by struggling entities.
The group’s website states: “International finance treats Tower Hamlets like a tourist destination, with no regard for the people who live here.”
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