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.”
POPULAR
Wow! Losing the war PLUS losing the peace – the frenzy of fiascos ravage...
What other blundering buffoons ever lost a war (of choice), then willfully lost the peace via threats, phony bluffs and tin-ear, belligerent BS?
Too much money, too little democracy: Americans across party lines reject billionaire power in...
A new national poll finds widespread bipartisan concern that billionaires, dark money and special interest spending are overpowering ordinary voters in U.S. elections as campaign spending continues to shatter records.
Could Trump’s Iran fiasco be America’s Suez crisis?
The U.S. war on Iran today, but similarities in the larger context, suggest that the United States is facing the same kind of “end of empire” moment that the British Empire faced in that historic crisis.
Now you see them… now you don’t
Women leaders and Trump 2.0.
Del Monte Bankruptcy to destroy 420,000 Peach Trees in California
A steady decline in demand for canned products as consumers shift toward fresh produce and several other factors led to this collapse.