CFPB said Bank of America implemented a "double-dipping scheme" to "harvest junk fees" from customers and those actions are "illegal and undermine customer trust."
“This is one of the most insane misallocations of capital in human history.”
From climate change to bank failures to war.
Let's start with multi-billionaire Peter Thiel, and follow the money.
"Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors."
"Achieving net-zero emissions by 2050 means stopping financing for the expansion of fossil fuels now."
DeSmog research has found that over 86 percent (13 out of 15) of HSBC’s board of directors have current or past ties to polluting companies and industries.
Despite talk of an energy transition and a wave of fossil fuel bankruptcies, big bank CEOs described plans to continue business with beleaguered fossil fuel industries.