big banks

Climate Crisis May Cause the Next Financial Crisis

By Jordan Davidson / 22 hours ago

The mounting climate emergency may spur the next global financial crisis and the world’s central banks are woefully ill equipped to handle the consequences, according to a new book-length report by the Bank for International Settlements (BIS), as S&P Global reported. Located in Basel, Switzerland, the BIS is an umbrella organization for the world’s central […]

Barclays Pressed to Divest From Fossil Fuels

By EcoWatch / January 8, 2020

Goldman Sachs Is First U.S. Big Bank to Divest From Arctic Oil and Gas

By Jordan Davidson / December 16, 2019

Dirty Pipelines Are Bad Investments and a Reputational Risk for Banks

By EcoWatch / November 7, 2018

Big Banks Just Flunked Their Own Test on Climate, Indigenous Rights

By Truthout / November 6, 2018

Fed Up With Big Banks That Fund Climate Crisis and Oppression, Community Coalition Demands Public Bank for New York

By EcoWatch / June 6, 2018

Chanting, “Wells, Chase, B of A, public bank’s a better way!” social justice groups rallied at the New York Stock Exchange on Tuesday to demand that New York City divest from Wall Street banks and establish a public bank that is “expressly chartered to serve the public interest.” “New York deserves a public bank that […]