banking

30.11.2020

Call to Join Civil Society Advisory Body for the Principles for Responsible Banking

Call to Join Civil Society Advisory Body for the Principles for Responsible Banking

27 November 2020 (UNEP)* — The UN Environment Programme Finance Initiative (UNEP FI) has issued a public call to civil society institutions around the world to declare their interest in joining the Civil Society Advisory Body until 15 December 2020. The body – which is designed to ensure that the Principles for… »

22.09.2019

The UN banking principles are welcome – but do they go far enough to stop climate destruction?

The UN banking principles are welcome – but do they go far enough to stop climate destruction?

If the Principles for Responsible Banking are to live up to their name, they must not allow banks to profit from climate breakdown. Johan Frijns for openDemocracy 21 September 2019 With collective assets totalling $47 trillion, 130 banks, including a range of major international players, will sign up… »

27.02.2015

HSBC: still bending the rules

HSBC: still bending the rules

Rogue trader Nick Leeson told the South China Morning Post’s Eugene Henderson (SCMP, February 27, 2015) that there will be more financial scandals so long as people go unpunished. He was interviewed given his infamy as the ‘notorious’ stocks & shares trader on the occasion of the 20th anniversary of… »

23.02.2015

Swimming with the sharks

Swimming with the sharks

OpEdNews ran an article which introduced how massive – educational in this case – debt was accumulated by the likes of Goldman Sachs derivatives but only as way to highlight how one US state avoided same, whereas the others were hard hit. This has interest – good word Batman –… »

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