Tuesday, May 11, 2021

Tag: banks

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.

Homewreckers: How Wall Street, banks & Trump’s inner circle used the...

We speak with investigative reporter Aaron Glantz about his new book “Homewreckers,” which looks at the devastating legacy of the foreclosure crisis...

Seeking justice against palm oil firms, victims call out banks behind...

Individuals from Indonesia and Liberia embroiled in land disputes with oil palm plantations have visited the Netherlands to call on the Dutch...

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Alabama police officer convicted of murdering suicidal man

“An innocent man was murdered. He called for help, and he got Ben Darby.”

Wildfires are contaminating drinking water systems, and it’s more widespread than people realize

Drinking water should be assumed to be chemically unsafe until proven otherwise.

Government defends praising tar sands industry figures as COP26 ‘climate champions’

Five of the individuals praised at COP26 event hold senior roles at fossil fuel companies and investors, including the Royal Bank of Canada and Suncor.

Pay a living wage or ‘flip your own damn burgers’: Progressives blast right-wing narrative...

"We do not have a shortage of willing workers in this country. We have a shortage of employers who are willing to pay workers enough to live."

The real problem with Bill Gates and neoliberal optimism

The progressive left needs to confront the fact that plutocratic philanthropists like Gates care much more about preserving the systems that continue to multiply their wealth.