Tuesday, August 11, 2026

Tag: big banks

Why Wall Street’s rule-breaking is everyone’s problem

This is not just a U.S. problem. Regulators agree to minimum standards for banking rules at an international level because finance is a global business.

Big Banks break their climate promises by propping up Big Meat

Massive industrial livestock financing sabotages major U.S. banks’ climate goals.

Big Banks have funded climate crisis with nearly $7 trillion since...

The financial institutions lavished $705 billion on oil, gas, and coal in 2023—the hottest year on record.

How activists are trying to change the way banking gets done

A public bank would allow the state of New York to keep its money closer to home, and put it to good work.

HSBC plans to close Asian coal plants to curb emissions—while also...

Bank accused of greenwashing ahead of COP26 for backing scheme while being world’s 13th biggest funder of fossil fuels

Arrested in rocking chairs, grandparents protest Chase and pressure Biden on...

Tired from trekking 170 miles from Biden’s birthplace to his hometown, a dozen of us grandparents decided to take a stand for climate justice by sitting down.

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.

Big banks pull financing, prepare to seize assets from collapsing oil...

The big banks funded the money-losing fracking industry for the past decade just like they funded the housing crisis — but the reality is, just like in the housing crisis, the coming bailouts will protect the banks.

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.”

Goldman Sachs becomes first major American bank to prohibit Arctic oil...

“Goldman Sachs is right to recognize that destroying the Arctic Refuge would be bad business. We hope other American banks will follow their lead.”

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The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.

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The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.