Banks

The banking crisis is different this time. In fact, it is worse than in 2007-08. Back then, we could blame the sequential collapse of banks on wholesale fraud, widespread predatory lending, collusion between rating agencies and bankers suspected of selling…

Brendan Montague Banks must stop funding in climate breakdown driving fossil fuels as the world recovers from the coronavirus pandemic. Barclays and HSBC must address their role in funding the climate crisis and contribute to delivering a sustainable recovery from…

After Morgan Stanley warned that a Labour government could pose as much of a risk to British business as Brexit, Jeremy Corbyn posted a video in in his Facebook page saying that the investment bank was right to consider them a threat.…

Standing Rock has become a worldwide symbol of nonviolent yet firm resistance to highly damaging extraction projects. These projects not only contribute to global warming by continuing to burn fossil fuels and release harmful emissions into the atmosphere, but also…

It seems that applying pressure works: after the on line protest of March 30 Intesa SanPaolo declined to participate in a refinancing of Energy Transfer Equity (ETE), parent company financing the Dakota Access Pipeline. However, they are still involved and…

The Global Month of Actions, targeting the banks behind the pipeline started on December 1st, but in November the Indigenous people have already obtained an important victory in Norway, when two major investors decided to divest from Dakota Access Pipeline.…

On December 4th, the Obama Administration announced that the US Army Corps would not grant Dakota Access LLC the last remaining easement it needs to drill under the Missouri River at Lake Oahe and complete construction of the pipeline.  While this is…

Post Office banking makes a lot of sense wherever in the world, surely in the US of A where Bernie Sanders has voice and somewhere between 20 to 40 percent of the population has to rely on cheque-cashing or payday-lending…

Ada Colau, Mayor of Barcelona, received the marchers at the city council and give her support to the EuroMarches. Coming from Zaragoza, EuroMarches arrived at Tortosa at lunchtime on the 5th of October. Representatives from the social movements in Bajo…

According to a Report by the International Consortium of Investigative Journalism ‘Secret documents reveal that global banking giant HSBC profited from doing business with arms dealers who channeled mortar bombs to child soldiers in Africa, bag men for Third World…