Today news
About the same in other media
Largest global banks provide $637bn to finance fossil-fuel industry
Reading now: 343
fnlondon.comThe world’s biggest banks continued to channel billions of dollars into boosting fossil-fuel production capacity in 2022 despite growing calls to scale back lending in response to global warming, finds a new report.
The annual Banking on Climate Chaos report, authored by a group of nonprofits, including Rainforest Action Network, said banks provided $673bn in finance to the fossil-fuel industry last year. Canadian banks are providing a rising share of the money, though US lenders are still the dominant player.
The...
Read more on fnlondon.comAbout this in other media
Largest Bitcoin Fraud Scheme Results in $3.4B Penalty in a Case Brought by CFTC cryptonews.com /1 year ago
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients cointelegraph.com /1 year ago
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M cointelegraph.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
