Josephine Moulds

1 month ago | independent.co.uk | Nick Ferris |Josephine Moulds

New analysis from the Bureau of Investigative Journalism and The Independent has found that in May 2023 the bank helped raise funds for the mining giant despite climate promisesHSBC has been accused of “bulldozing” through one of its key climate pledges by helping raise $1 billion (£750bn) for the mining giant Glencore. Following pressure from climate-conscious investors, HSBC promised in December 2021 to stop funding companies that were increasing coal production.

1 month ago | thebureauinvestigates.com | Josephine Moulds

HSBC appears to have broken its own green pledge by helping raise $1bn for the mining giant Glencore, stoking anger from customers and investors. Following pressure from climate-conscious investors, HSBC promised in December 2021 to stop funding companies that were increasing coal production “as soon as possible”.

1 month ago | thebureauinvestigates.com | Josephine Moulds

If you owe the bank $100, it’s your problem. If you owe it $100m, it’s the bank’s problem – or so the saying goes. The same could be said for bank regulation. In January, the Bureau of Investigative Journalism (TBIJ) and the International Consortium of Investigative Journalists revealed that the Federal Reserve was allowing major Wall Street banks to break rules designed to prevent another financial crisis.

1 month ago | nationofchange.org | Josephine Moulds

If you owe the bank $100, it’s your problem. If you owe it $100m, it’s the bank’s problem—or so the saying goes. The same could be said for bank regulation. In January, the Bureau of Investigative Journalism (TBIJ) and the International Consortium of Investigative Journalists revealed that the Federal Reserve was allowing major Wall Street banks to break rules designed to prevent another financial crisis.

1 month ago | globalcapital.com | Josephine Moulds

If you owe the bank $100, it’s your problem. If you owe it $100m, it’s the bank’s problem — or so the saying goes. The same could be said for bank regulation. The Bureau of Investigative Journalism and International Consortium of Investigative Journalists revealed in January that the Federal Reserve was allowing major Wall Street banks to break rules designed to prevent another financial crisis.