Climate change

Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.

Readers sound off on climate change, the Federal Reserve's incoming real-time payments system, efforts for gender pay equity and more.

Here’s why we joined other banks globally in disclosing the environmental impact from loans and investments.

Only three of the world's 10 biggest banks joined the coalition of 130 global financial firms in agreeing to align their business with international efforts to address climate change and other environmental issues.

Under Kuijpers, DWS Group is embedding environmental, social and governance principles in the work of asset managers across all classes.

Nandita Bakhshi, CEO of Bank of the West, has pushed the bank's environmental commitments further, including $1 billion in clean energy financing over the next five years.

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association – which many credit unions are members of – got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.

The company will create a regulated subsidiary offering a digital wallet; San Francisco Fed wants CRA credit for loans that help prepare for climate change.

The bank is looking to combine several units that invest in income-producing assets; increased scrutiny has led banks to address the risks of climate change.