Category - banking

  • 13 Sep 2014

    One of the big last-ditch Scottish referendum pitches by the three dominant Westminster parties and their friends in the City of London is to appeal to voters to reject self-government and instead accept the opinion and sway of the giant transnational banks – the likes of Goldman Sachs, J P Morgan and Deutsche Bank.

  • 15 Jan 2014

    Scottish Greens and their independent allies are stepping up their calls for a move towards genuine diversity in the banking sector.

  • 22 Nov 2013

    A new paper on banking policy calls for RBS's retail operations in Scotland to be transformed into a network of local banks to boost regional lending to small businesses.

  • 19 Nov 2013

    As chairman of the Co-operative Bank, Paul Flowers shared responsibility for the decisions that led to a situation in which most of the bank is to be bought up by hedge funds. Last week, Paul Flowers was filmed buying cocaine. Bafflingly, many people seem to regard the second offence as worse than the first one.

  • 29 Jul 2013

    As the debate continues about about whether and how credit unions and other community-based financial bodies can challenge big banking and immoral, high-interest charging pay-day lenders, the Just Festival in Edinburgh will be looking at moral and sustainable commerce.

  • 14 May 2013

    Holy Trinity Brompton is expecting a protest today after inviting executives from the investment bank Goldman Sachs to speak at its “Leadership Conference”.

  • 24 Jan 2013

    The European Council has gven the green light to a financial transaction tax which will cover inter-bank trading in shares, bonds and derivatives.

  • 10 Aug 2012

    The need to restructure the economy and redefine banking in terms of community and environment is being stressed at the Festival of Spirituality and Peace.

  • 25 Jul 2012

    Crime has been falling overall, according to the police, but we are in the middle of a crime wave which affects thousands of people but does not get recorded in the crime statistics.

    It is hard to see how mis-selling payment protection insurance, for example, is anything other than 'obtaining pecuniary advantage by deception'; banks are paying billions of pounds in compensation to millions of customers, but are not being prosecuted, because selling worthless insurance was apparently within the letter of the law.

  • 29 Jun 2012

    In response to the latest banking-gone-bad crises, the Christian Socialist Movement is promoting its 'Put Your Money Where Your Mouth Is' initiative.