Published by Promoting Economic Pluralism
WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global …
US nominates Ajay Banga for World Bank president Read More
(Wednesday 15th February) Today, Barclays published its annual report, where it committed to new restrictions on oil sands, following a long-term campaign from shareholders on the issue. From July, the bank will …
Barclays scales down oil sands finance following investor pressure Read More
(Wednesday 14th December) Responding to today’s announcement that HSBC, the UK’s biggest high street bank and one of the world’s biggest financers of fossil fuels, will no longer finance new …
HSBC announces it will no longer finance new oil and gas fields – ShareAction response Read More
The Coppola Column How governments could weaponise digital banking against “undesirables.” And how to prevent it. In the past 50 years, financial services have changed beyond all recognition. Not just …
Brake the bank Read More
Broken trust has to be fixed. Frances Coppola explains why there is no substitute. The foundation of human society is trust. Right from the start of their lives, humans trust …
What’s love got to do with it? Read MoreThe COVID-19 crisis is worsening inequality around the world as people fortunate enough to work remotely continue to earn a pay cheque while millions of others lose their livelihoods or risk their …
Deutsche Bank says tax remote workers to rebuild COVID economy Read More
How can we turn around the world’s financial institutions so that their creation of money serves to construct a new ecological civilisation, rather than destroys our current civilization through the …
Many hands Read More
Banks are scrabbling to find some trust. Robert Mochrie explains how they might look to the distant past. The nature of banking transactions demonstrates the need for trust between the …
Victorian Values Read More
Where there’s a bail out there’s a way. Peter Manley takes a look back. The so-called brain drain is something of a long-established right of passage for young adults in …
Long after the Brothers, it still looks grim Read More
The rolling Back of Dodd-Frank and other tales of twists by Rick Rowden. In May 2018, the US watered down some of the major financial sector regulations it had adopted …
A triumph of finance over democracy Read More