Thursday, July 10, 2025

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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A new far-right American party?

Elon Musk has disrupted Silicon Valley, the electric car industry, and the U.S. government. What is his next target: democracy?

Melting glaciers could lead to more frequent and explosive volcanic eruptions: Study

The process—already seen in Iceland—makes volcanic eruptions more frequent and powerful, according to new research conducted in the Chilean Andes.

The Texas flash flood is a preview of the chaos to come

Climate change is making disasters more common, more deadly and far more costly, even as the federal government is running away from the policies that might begin to protect the nation.

Israeli minister proposes forced confinement of all Palestinians in Gaza amid global war crime...

Defense Minister Israel Katz unveils plan to imprison entire Gazan population in a guarded camp as human rights groups warn of ethnic cleansing.

First, a massive Medicaid attack, then come the midterms, then Republican annihilation

Is this country under attack by an authoritarian enemy?