Dec 1
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We got another one. On Monday evening, Bank of America said that it will no longer finance fossil fuel exploration…
Jul 22
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According to a public letter from the U.S. Comptroller of the Currency, the federal group responsible for the…
Jul 20
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Fossil fuels are increasingly an unattractive investment. On Monday, Politico reported that Morgan Stanley will be…
Jul 17
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The oilpocalypse continues. The industry has been in a tailspin since the coronavirus lockdowns drove demand into…
May 18
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Last week, Republican lawmakers got mad at banks for not funding Arctic oil exploration, calling it “discrimination”…
Apr 29
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Banks are finally starting to get it: Fossil fuels ain’t worth it. Just last week, Citigroup joined the wave of…
Apr 10 2020
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Before the coronavirus, the American oil and gas industry was struggling to keep its profits up. The pandemic…
Mar 16 2020
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Feb 4 2019
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A software chief of a Chinese bank reportedly found a loophole in his company’s system and managed to stealthily…
Dec 9 2018
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China has warned the Canadian ambassador that if Meng Wanzhou, the chief financial officer of telecom and tech giant…
Oct 15 2018
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What was probably a very boring meeting at a Chinese bank got a lot more exciting when a surprise reptilian guest…
May 2 2018
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Just when you thought all data breaches amounted to hacker shenanigans, the largest bank in Australia has belatedly…
Aug 31 2017
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The Wells Fargo bogus account problem is about 70 percent worse than the bank originally declared in 2016. Last…
Oct 20 2016
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Since Wells Fargo’s practice of opening bogus accounts in customers’ names was first exposed, reports of the boiler…
Sep 8 2016
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On Thursday, federal regulators announced that they were slapping Wells Fargo with a $100 million penalty after…
May 16 2016
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Security researchers have identified “strong links” between recent Swift bank attacks, one of which was foiled by a…
Mar 10 2016
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Most spelling mistakes are innocent, fleeting, and only mildly embarrassing. Then there are the ones that result in…
Dec 2 2015
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Target is paying $39.4 million to banks and credit unions that lost money reimbursing fraudulent claims and otherwise cleaning up the mess made by the 2013 hack affecting 40 million customers. The big-box retailer already agreed to pay $10 million to customers affected by the data breach.
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Nov 6 2015
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We’re trusting robots with more and more these days: Our luggage, our meals—even our lives on the road. Why not add…
Oct 28 2015
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Samsung Pay will soon start working with bank cards from: Chase, PNC Bank, TD Bank, SunTrust, Fifth Third Bank, Key Bank, Silicon Valley Bank, Security Service Federal Credit Union, Navy Federal Credit Union, Virginia Credit Union, Associated Bank, Randolph Brooks Federal Credit Union and People’s United Bank. Phew.