Monday, April 14, 2025

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

Israel bombs last functioning hospital in northern Gaza, killing child during Palm Sunday evacuation

Strike on al-Ahli Hospital condemned by global faith leaders and medical groups as healthcare system in Gaza nears total collapse

Trump accused of weaponizing Social Security and immigration system to target immigrants and silence...

Critics warn of authoritarian overreach as Trump administration marks immigrants as “dead” to force deportation and targets lawful residents for protected political speech.

Support the growing Sanders-AOC anti-oligarchy, class-warfare protest rallies

The surging Sanders/AOC class-war juggernaut confronts super PACs payola billions while pushing its humanistic, “democratic socialist” agenda to rebalance unjust wealth inequality.

House passes bill to shield Trump from legal accountability, restricts judges from halting unconstitutional...

Republicans push sweeping limits on judicial authority after courts repeatedly block Trump’s executive actions as unlawful or unconstitutional.

Revealed: Meat industry behind attacks on flagship climate-friendly diet report

New evidence seen by DeSmog suggests this surge of outrage against the report was stoked by a PR firm that represents the meat and dairy sector.