Thursday, March 28, 2024

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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Desperation and danger: Gaza’s aid crisis turns tragic with 12 Palestinians drowned in airdrop...

Amidst a blockade and escalating starvation in Gaza, a misguided attempt to deliver aid results in unforeseen tragedy, spotlighting the dire need for secure and dignified humanitarian access.

Cori Bush calls for repeal of antiquated Comstock law amid rising anti-abortion tactics

With the U.S. Supreme Court's current review of mifepristone access—a drug fundamental to over 60% of abortions in the U.S.—the urgency of Bush's demand is palpable.

The vexing Biden-Trump rematch could purge an era of broken, bipartisan dynamics—or not

That a shameless, dimwit outlaw like Trump can humiliate both state and federal justice confirms its own devastating “conviction" as failed legal systems.

Inside the historic suit that the gun industry and Republicans are on the verge...

Gunmakers have repeatedly tried to end one city’s lawsuit over illegal gun sales. Meanwhile, illicit purchases of firearms continued at an unrelenting and hazardous pace.

What’s so green about burning trees? The false promise of biomass energy

Bioenergy companies are clear-cutting American forests to heat and electrify Europe. This broken system harms public health, the environment, and the climate.