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Extinction Rebellion s vandalism betrays its hollow message

Extinction Rebellion s vandalism betrays its hollow message Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime 22 April 2021 • 2:00pm First they came with colour co-ordinated hammers, now they’ve brought stickers and scuba masks too. Extinction Rebellion aims to terrify us all back to the stone age with its apocalyptic message, yet turns up with a toy box. What next, banana bread for the police and a knitting class in the back of a riot van? Still, at least there was a bit of token vandalism to even things out as the protesters turned their ire on HSBC, smashing 19 windows at the bank’s Canary Wharf headquarters. Having recently graffitied the Bank of England and put a few windows through at Barclays, as a symbol of western finance HSBC was the obvious name to go for next.

These are the world s largest banks that are increasing and decreasing their fossil fuel financing

These are the world s largest banks that are increasing and decreasing their fossil fuel financing CNBC 1 hr ago © Provided by CNBC An oil rig and wind farm in Texas. But that number is not the full story: Some banks have been increasing their business with fossil fuel companies while others have been decreasing during that time. What s clear is the power banks wield in affecting climate change. Getting lenders to choke off money to fossil fuel companies is the next needed move for the industry to address the material risks that the coal, oil and gas industry faces, says Leslie Samuelrich, president at investment advisory firm Green Century Capital Management.

Climate protesters smash windows at HSBC s London headquarters

Who s the banker in the black? | GlobalCapital

By Ralph Sinclair 22 Apr 2021 Let history show that even though no one even kicked a ball in the European Super League, it still had a winner: JP Morgan. The outrage that some of Europe’s top football clubs caused in attempting to form their own closed shop league was almost as universal as it was furious. The club owners that launched this scheme on Sunday managed to misjudge mood so utterly that by Tuesday, they were abandoning it like the flaming wreck it always was. But not everyone involved has emerged a loser. Backing the wheeze with a $3.5bn loan was JP Morgan. Banker bashing has been a sport almost as popular as football since 2008 but with critics lining up to pour scorn on the firm, the reality is that it has done itself proud.

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