Tuesday, March 5, 2024

Tag: big banks

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.”

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...

Global banks, led by JPMorgan Chase, invested $1.9 trillion in fossil...

“Alarming is an understatement. This report is a red alert.”

States can break up big banks. Here’s how.

Big banks are unpopular in both red and blue states; breaking them up could attract support across party lines and prove a winning electoral strategy.

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‘Contrition fantasy’ – the impossible quest from shameless, conscienceless lowlifes 

Every judge who fails to enforce authority and ignore transparent, cynical evasions becomes an enabler of the scofflaw.

Macy’s employees stunned by mass layoffs as company rewards Wall Street

In a dramatic restructuring, Macy's announces store closures and layoffs, spotlighting the tension between shareholder gains and workforce stability in America's evolving retail landscape.

Rising child fatalities in Gaza amid starvation and medical shortages

Amidst the rubble of conflict, Gaza's youngest bear the brunt of an escalating humanitarian crisis, with malnutrition and lack of medical aid claiming innocent lives.

Trinidad and Tobago faces historic environmental crisis with massive oil spill

The spill, emanating from a ship named Gulfstream, has wreaked havoc on over 25 miles of pristine coastline, endangering the coral reefs, Atlantic beaches, and the livelihoods dependent on these natural resources.

Biden’s EPA accused of yielding to industry over gas-fired power plants

The Biden administration faces criticism for delaying crucial regulations on gas-fired power plants, raising concerns about the commitment to environmental promises.