“This is not a new idea, these exist all over the world. Germany is fueled by public banks, and look, they have the best economy in Europe.” California will be permitted to establish public banks ...
“The EIB’s proposal to end financing for fossil fuels by 2020 is a massive step forward in climate leadership. With this move, the world’s largest multilateral lender is now poised to leave oil, gas and ...
“The SAFE Banking Act would go a long way toward improving safety, transparency, access and justice in the cannabis industry.” On Thursday, the House Financial Services Committee voted on a proposed bill that would protect ...
“About damn time. Tim Sloan should have been fired a long time ago.” Wells Fargo CEO Tim Sloan abruptly resigned last Thursday. The former CEO’s three-year tenure was marred by scandals involving corruption, fraud, and ...
In a national vote on Sunday, Switzerland rejected a proposal to radically change the way banks lend money and would have given the Swiss National Bank (S.N.B.) a monopoly power over creating money through bank loans. More ...
America has entered a new era, where big businesses are taking increasingly aggressive steps into the political arena. First Facebook and Google started by changing its algorithms which cut down traffic for many major independent ...
CORL Could Be A Look Into The Future Banks have traditionally been hesitant to give loans to startup business ventures, for a number of reasons. Recent advances in technology and blockchain cryptocurrency are providing alternatives ...
Chase matured their lines of credit to TransCanada this December, remaining the lead agent in the funding of the oil pipeline company. Together, with credit lines from Wells Fargo, it is providing loans amounting to ...