Showing Tag: "bank" (Show all posts)

Green financing, finally?

Posted by Editor on Tuesday, November 9, 2010, In : Guest Blogger 
Several large commercial lenders including Wells Fargo, Morgan Stanley, and Citibank, say they are starting to shift their involvement away from industry practices that they see as risky to their reputations and bottom lines, reports The New York Times. These include investments in oil and gas development, nuclear power, coal-fired electricity generation, oil sands development, fuel pipeline construction and forestry.

Wells Fargo will invest more than $100 million by the end of 2011 to fund th...

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60 Million US Residents are Without a Bank Accounts.

Posted by Ana M on Saturday, December 5, 2009, In : Must read 
Did you know that 25% of the US population doesn't have a bank account to begin with? This is a rather surprising and sad story from Ylan Q. Mui to the Washington Post... One-quarter of American households -- about 60 million people -- have limited or no access to banks or other traditional financial services, with low-income and black families among the hardest hit, according to a government report released Wednesday.
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR20091202...
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