Global Protests Target Banks Funding Line 3 Pipeline

By Sarah Buehler, Stop the Money Pipeline. -

San Francisco - Today across 8 countries, 4 continents, and 50 U.S. cities, hundreds of climate and Indigenous rights activists are protesting 20 banks that have backed loans for Enbridge, the [...]

Extinction Rebellion Activists Break Windows At Barclays’ London HQ

By Aditi Rane, The Independent. -

Police have arrested a group of environmental activists who smashed the windows of Barclays’ London headquarters on Wednesday to protest against the bank’s “continued investments in activities [...]

Extinction Rebellion Sprays Bank Of England With ‘Oil’

By Emily Atkinson, The Independent. -

City of London - Several people have been arrested as Extinction Rebellion’s ‘Fossil Fool’ protesters sprayed the Bank of England with fake oil to highlight the “societal collapse” the activist [...]

Big Banks Make A Dangerous Bet On The World’s Growing Demand For Food

By Georgina Gustin, Inside Climate News. -

As global banking giants and investment firms vow to divest from polluting energy companies, they’re continuing to bankroll another major driver of the climate crisis: food and farming [...]

Every Major Bank Has Now Ruled Out Funding Arctic Drilling

By Dharna Noor, Gizmodo. -

We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration in the Arctic, joining Goldman Sachs, Morgan Stanley, Chase, Wells Fargo, and [...]

Lenders Deny Mortgages For Black Homeowners At A High Rate

By Diana Olick, CNBC. -

Discrimination in home lending goes back to the beginning of home lending itself. During the last housing boom, when subprime mortgages were all the rage, predatory lending to minority borrowers [...]

Another Bank Bailout Under Cover Of A Virus

By Ellen Brown, Web of Debt. -

When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!” But what the Act actually said was that the next time the banks failed, they would be [...]

Scheer Intelligence: Big Banks Got The Sweetest Deal From The Covid-19 Bailouts

By Robert Scheer, Popular Resistance. -

It’s been over a decade since the 2008 banking meltdown, and yet many Americans are still living with the consequences of the financial crisis and the Obama administration’s decision to bailout [...]

Crushing The States, Saving The Banks

By Ellen Brown, Web of Debt. -

Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to [...]

US Banks Make A Quick $10 Billion Processing Government Loans

By Julian Kossoff, Business Insider. -

Banks have earned a quick $10 billion processing US government loans to small businesses affected by the coronavirus crisis, according to a new report. The $350 billion rescue program aims to [...]

Small Businesses Furious At Paycheck Protection Program Structure

By Main Street Alliance. -

With allegations that major banks shuffled Paycheck Protection Program applications to prioritize larger loan amounts and bigger businesses, Main Street businesses are furious. This possibility [...]

On Market Solutions To The Covid-19 Crisis

In 2008 the Federal Reserve provided more than $4 trillion to bail out the banks. Now it is providing more than $6 trillion (thus far)—and this time the banks haven’t even failed yet! The Fed [...]

Big Banks Got Huge Tax Cuts, Then Hiked States’ And Cities’ Interest Rates

By Staff, Publicbankinginstitute.org -

The monster banks get monster tax cuts … then turn around and hike interest rates for states and cities. The hikes could translate into millions of dollars of extra costs for cash-strapped [...]

Big Banks Are Committing Major Crimes Against The Climate

By Alison Kirsch, alternet.org -

By Alison Kirsch for AlterNet - At the start of next week, the United Nations Framework Convention on Climate Change, the U.N.'s negotiating body on climate change, will meet in Germany to [...]

page 1 of 2