Monday, August 2, 2021

Tag: banks

Banking that serves people, not bankers

The Post Office could offer simple, honest banking, including checking and savings accounts, consumer loans, and low-fee debit cards.

After pouring over $1 trillion into fossil fuel finance, CEOs of...

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.

New report: World’s 60 largest banks have poured $3.8 trillion into...

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016.

Trump administration targets banks divesting from fossil fuels in new anti-climate...

The OCC’s new rule could stunt divestment campaigns by requiring major banks to justify each individual decision to regulators using “quantitative, impartial risk-based standards established by the bank in advance.”

TD Bank joins other major financial institutes to commit to ambition...

The Group's commitment to a global climate action plan makes them the latest major financial institution along with Morgan Stanley and Barclays.

California bill to establish nation’s second public bank applauded as ‘historic...

"We can structure a bank that actually is accountable to the people and does what the people want it to do."

JPMorgan Chase announces end to financing new oil and gas drilling...

“The fact that even the world’s worst fossil fuel banker wants nothing to do with Arctic Refuge drilling shows just how toxic an investment it would be."

Wells Fargo agrees to pay $3B over massive fraud scandal

“We are hopeful that this $3 billion penalty, along with the personnel and structural changes at the Bank, will ensure that such conduct will not reoccur.”

Climate movement targets Wall Street to stop driving fossil fuel industry’s...

It's no secret that the driving force behind the fossil fuel industry's expansion is the financial industry. But the nation's leading climate...

Is the run on the dollar due to panic or greed?

The banks could not function without public support. They should be turned into public utilities.

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The Right’s grotesque, negative learning curve is steadily demolishing its national brand

For a white nationalist base obsessed with “losing its country” (and dominance) to outsiders and non-whites, won’t chronic, severe political whoppers achieve exactly its worst fear?
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Deputy on leave after controversial arrest of mother and teen on video

A Texas sheriff’s deputy was placed on administrative leave pending an internal investigation into the incident.

‘Gathering storm’: How ‘rogue’ companies are buying up North Sea oil and gas

As oil majors exit the North Sea, the region’s new players bring a track record of lobbying against climate policy, polluting the environment, and committing alleged labor violations.

Climate crisis has cost Colorado billions—now it wants oil firms to pick up the...

ExxonMobil and Suncor face lawsuits in the western state but big oil’s apologists say the U.S. consumer is to blame for emissions.

Bayer to pull glyphosate products, including Roundup, from US home and garden market

Bayer's decision comes in response to the many lawsuits related to glyphosate that it inherited when it acquired Monsanto in 2018.