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#hsbc

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City of London banks have poured $100bn (£75bn) into companies developing “carbon bombs”.

‘Nine #London-based banks, including #HSBC, #NatWest, #Barclays and #Lloyds are involved in financing companies responsible for at least 117 #CarbonBomb projects in 28 countries between 2016 – the year after the landmark Paris agreement was signed – and 2023’

theguardian.com/environment/20

The Guardian · UK banks put £75bn into firms building climate-wrecking ‘carbon bombs’, study findsBy Matthew Taylor

dilema zbrojení vs #greendeal:

Jedním ze zvažovaných opatření je to, že by se výdaje na zbrojení zčásti či zcela nezapočítávaly do oficiální statistiky rozpočtových deficitů. Což možná #dluh sníží opticky, nikoli však fakticky. #EU tedy nakonec zřejmě stejně bude muset výrazně snížit požadavky na výdaje v jiných oblastech, včetně zelené agendy a Green Dealu.

Evropské #korporace a banky se už začínají na tento stále pravděpodobnější obrat připravovat. Největší evropská banka #HSBC včera vyzvala k návratu k fosilním energetickým surovinám. Její šéf přes udržitelnost apeluje za to, aby banky přestaly penalizovat své klienty za příliš velkou uhlíkovou stopou. Dá se očekávat, že i další velké evropské banky nyní budou otáčet jako korouhvičky. Podobně se to přihodilo na přelomu roku v Americe, po Trumpově zvolení. #Evropa, zejména pak EU, je ovšem ideologicky zaslepenější než Amerika, takže to trvá o něco déle. I tak je ale tempo odvratu bankovního a finančního světa od zelené agendy nečekaně rychlé. V největších západních bankách se děje něco, co bylo ještě před několika měsíci, ne-li týdny, zcela nemyslitelné.

Rozhýbává se také sama Evropská komise a rovněž pod Trumpovým vlivem začíná deregulovat. Včera předložená legislativa má změkčit nová #ESG pravidla natolik, že se jim vyhne zhruba 80 procent firem, hlavně malých a středních, které jim měly původně podléhat. Ty díky menší byrokracii ušetří v přepočtu 110 miliard korun ročně, odhaduje Evropská komise. K tomu jednorázově uspoří zhruba 40 miliard korun, neboť nebudou muset zavádět požadované vnitřní postupy pro příslušné reportování.

Je nejvyšší čas, aby EU vskutku prioritizovala zbrojení a přestala na fosilní #energie hledět skrze prsty. Bez dostupných fosilních energií a deregulace pořádně zbrojit nepůjde.

Pokud bude EU dále pošetile zachraňovat svět před uhlíkem, nezbydou jí finance na mnohem akutnější záchranu sama sebe před rozebráním Amerikou, Ruskem a Čínou...
zpravy.kurzy.cz/802529-usa-se-

zpravy.kurzy.czUSA se teď budou snažit naklonit si Rusko a narušit jadernou osu „Moskva-Peking“, ruský rubl proto mohutně posiluje. Na Evropskou unii USA chystají těžká cla, neboť míní, že vznikla jen proto, aby je odírala – tedy oslabovala ve vztahu k Rusku a Číně | Kurzy.czSpojené státy ztratily soudnost a jednaly nevyzrále, když se postavily dvěma jaderným velmocem naráz, Rusku i Číně, kritizuje ministr zahraničí USA Marco Rubio konání zejména předchozí, Bidenovy administrativy.
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Aber sicher:

• Commerzbank (bis Ende 2009) • HSBC Trinkaus & Burkhardt, einer Tochtergesellschaft der chinesisch-britischen Grossbank #HSBC (Hongkong and Shanghai Banking Corporation), (ab 2010, Nachfolger von Lambsdorff) • 2010 vom Bankenrettungsfonds #Soffin damit beauftragt, den Verkaufsprozess der WestLB an einen privaten Investor zu leiten.

Im Juni 2010 wurde er in den #Aufsichtsrat von HSBC Trinkaus & Burkhardt gewählt. Nach Beginn der Verhandlungen über einen Teilverkauf der #WestLB mit HSBC Trinkaus & Burkhardt endete seine Tätigkeit Mitte Mai 2011. Einige Medien vermuteten einen Interessenkonflikt wegen seiner Mitgliedschaft im HSBC-Aufsichtsrat, was Merz zurückwies. Merz soll nach unbestätigten Medienberichten ein Tageshonorar von 5.000 Euro erhalten haben. Dem Bundesverband Deutscher Unternehmensberater (BDU) zufolge sei ein derartiger Tagessatz nicht völlig unüblich, aber „an der oberen Grenze“.

In den Medien wurde er für seinen Millionenverdienst von #Frontal21 stark kritisiert, da er 5.000 Euro pro Tag auch samstags und sonntags (insgesamt 1.980.000 Euro für 396 Tage) für „erfolglose Arbeit“ vom Steuerzahler erhielt.

Quelle: @haiku_shelf

de.wikipedia.orgFriedrich Merz – Wikipedia
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@Eva_RespectExistence ich frage für einen Freund.

Im Zusammenhang mit der bevorstehenden #Verfassungsklage in #Bayern wegen #Cannabis, der unangemessenen Verfolgung und Stigmatisierung unschuldiger Menschen - eben wegen der #Prohibition und damit zusammenhängender gigantischer #Geldwäsche. #DeutscheBank #HSBC usw.

+++ Herr #Merz #CDU #CSU Welche Informationen besitzen Sie zu den #FinCENfiles und ist das nicht ein #Tabuthema, welches im #BTW25 wichtig ist? €€€ +++
dw.com/de/fincen-files-zweifel

Deutsche Welle · FinCEN Files: Verdächtige Deutsche BankBy Pelin Ünker

Après le choc, la grève: les futurs licenciés de CCF mobilisés partout en France

Au pied des tours de la Défense, de grands drapeaux syndicaux ont virevolté mardi 4 février. Les salariés de CCF, ex-#HSBC, ont débrayé partout en France. C’est qu’en décembre dernier, la direction a annoncé un #PlanDeLicenciements sans précédent: 42% des salariés devraient être licenciés dans l’année.

mediapart.fr/journal/economie-

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@a_watch Irgendwelche Informationen?

+++ €€€ mastodon.social/@BaFin@social. Kann man von Ihnen aktuelle Informationen zum #Geldwäschesystem erhalten?

Im Zusammenhang mit der bevorstehenden #Verfassungsklage in #Bayern wegen #Cannabis, der unangemessenen Verfolgung und Stigmatisierung unschuldiger Menschen - eben wegen der #Prohibition und damit zusammenhängender gigantischer #Geldwäsche. #merz #HSBC #Atlantikbrücke #DeutscheBank usw.

mastodon.social/@Karl_Theodor/

dw.com/de/fincen-files-zweifel

Replied in thread

+++ €€€ @BaFin Kann man von Ihnen aktuelle Informationen zum #Geldwäschesystem erhalten?

Im Zusammenhang mit der bevorstehenden #Verfassungsklage in #Bayern wegen #Cannabis, der unangemessenen Verfolgung und Stigmatisierung unschuldiger Menschen - eben wegen der #Prohibition und damit zusammenhängender gigantischer #Geldwäsche. #Merz #HSBC usw.

Welche Informationen besitzen Sie zu den #FinCENfiles und ist das nicht ein #Tabuthema, welches im #BTW25 wichtig ist? €€€ +++
dw.com/de/fincen-files-zweifel

Deutsche Welle · FinCEN Files: Verdächtige Deutsche BankBy Pelin Ünker

#Banks and financial institutions profiting from #weapons

By Clare Carlile
Friday 7th of April 2023

High street banks are funding some of the world’s most notorious #ArmsCompanies. We look at which banks are involved and what consumers can do. We also look at the wider financial industry and its links with #NuclearWeapons in particular.

How are banks financing the arms industry?

"Banks are behind almost every industry in the world, through their loans, insurance and other kinds of financing, including the arms industry.

"By funding arms companies, banks allow them to grow and innovate – developing new forms of #lethal weapons.

"In fact, banks are behind companies involved in the very worst forms of arms, such as nuclear weapons and #ClusterMunitions, despite the latter being banned by 120 countries.

"Unsurprisingly, arms companies are not generally picky about who they sell weapons to. This means that if a bank is funding an arms company, it may well be one that is selling to oppressive regimes.

Which banks are involved in financing arms companies?

"Unfortunately, many banks still finance arms companies.

"While some have said they will not fund the most destructive weapons, lots fall far short of refusing funding to arms companies altogether. And it is not just banks that are involved in the global arms trade. Lots of other financial institutions, such as investors, are also involved.

"Over three quarters of the brands included in our ethical current accounts guide lost half a mark under Arms & Military supply for their investments. This included all the five major high street banks: #Barclays, #HSBC, #Lloyds, #NatWest and #Santander.

"Banks such as Barclays, Lloyds, NatWest, Santander and #Citigroup, and other financial institutions such as #Aviva and #OldMutual have been named in relation to funding cluster munitions, nuclear weapons on the sale of arms to #Yemen.

What weapons are banks funding?
Banks funding cluster munitions

“Cluster munitions are indiscriminate weapons that pose a serious threat to civilian populations during and long after an attack. They spread dozens, or even hundreds, of bomblets called submunitions over an area the size of a football stadium or even more. On impact cluster munitions kill or maim anyone that is in that area. Also, many submunitions fail to explode on impact: they remain on the ground like landmines that kill and injure civilians long after the conflict has ended.'

"120 countries have signed a Convention that that bans the use, production, stockpiling and transfer of #ClusterBombs.

"Yet, in 2018, the Cluster Munition Coalition found that financial institutions had invested almost $9 billion in companies producing cluster munitions. Citigroup and Old Mutual were both found to invest in companies involved.

"Amongst the banks named in the report, Triodos, Co-operative Bank and Royal Bank of Scotland were all praised for having divestment policies in place.

"However, Aviva, Axa, Deutsche Bank, Edentree Investment Management, HSBC, Lloyds Banking Group, Bank of Scotland and Standard Chartered were all found to have incomplete policies in place."

ethicalconsumer.org/money-fina

Ethical Consumer · Banks and financial institutions profiting from weapons | Ethical ConsumerHigh street banks are funding some of the world’s most notorious arms companies. We look at which banks are involved and what consumers can do. We also look at the wider financial industry and its links with nuclear weapons in particular.

363 #ClimateAction #Amazon #Petition #350 [1]

Apart from all the usual existential threats to "the lungs of the world" * there is a new very dangerous threat: drilling for natural gas. They call it clean, and they are partly right. A natural gas plant is cleanER than a coal plant. But it's still burning dino's and producing CO2.
There is an added danger to it, though: searching for and drilling for LNG and the transport causes massive leakage of methane. A gas that's almost 6 times more devastating to the climate than CO2. Directly and very much worse for the vast and diverse ecosystem of a rainforest
Changes in the energy market made searching and drilling for LNG much more profitable, and propagating LNG as "clean[er]" makes investing even more profitable.

About the petition:
STOP FUNDING AMAZON DESTRUCTION
#Citibank, #JPMorganChase, #ItaúUnibanco, #Santander, #BankOfAmerica and #HSBC have poured at least USD $20 billion into fossil fuel projects in the Amazon. These six banks alone are behind half of all the funding towards destructive oil and gas exploration in the rainforest.
They have promised to take action for the climate, preserve biodiversity and protect human rights. But in reality, their money is the driving force behind the destruction.
They are funding drilling which is threatening to turn the Amazon into a dry savannah. Their money is behind the threats faced by Indigenous and traditional communities there.
We cannot accept that these banks profit from claiming to be sustainable but do the opposite.
Sign the petition to demand they end investments in oil and gas exploration in the Amazon.

act.350.org/go/419209?t=8&akid

For the full petition text see:
363 #ClimateAction #Amazon #Petition #350 [2]

* has it occured to you that 'we' don't name the Amazon like that since decades?

act.350.orgAn Amazon free from oil and gasOut of the more than $20 billion invested, 46% of all direct financing for oil and gas exploration in the Amazon comes from just six banks: Citibank, JPMorgan Chase, Itaú Unibanco, Santander, Bank of America, and HSBC. We cannot accept that these banks profit from saying they are sustainable while, in fact, they profit from investing in oil and gas in the Amazon. It is the billions coming from these banks that finance the continuous threats that indigenous and traditional communities in the Amazon are suffering. These billions should be invested to decarbonize and promote a fair energy transition in the Amazon, instead of turning it into a carbon bomb. "We cannot see the Amazon merely as a major commercial product. It is unacceptable that oil and gas exploration projects are valued more than human life." - Chief Ninawa Inu Bake Huni Kui, leader of the Huni Kui people It's time to stop this financing. Sign the petition and demand that banks immediately end their investments in oil and gas exploration in Amazon!

Many mainland Chinese are opening accounts in Hong Kong to tap a wider range of investment options — from insurance to fixed deposits — to capture the Asian financial hub’s higher interest rates and escape mainland China’s moribund markets. japantimes.co.jp/business/2024 #business #markets #china #banking #banks #hongkong #hsbc #boc #julialeung

The Japan Times · Chinese move billions into Hong Kong banks, seeking higher yieldsBy Denise Wee