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PublishedOctober 4, 2023
Climate demonstrators call for L.L. Bean to discourage fossil fuel investment
Demonstrators have been stationed outside the Freeport flagship retail store for weeks, calling for the company to discourage Citibank from investing in new fossil fuel infrastructure or to divest entirely.
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PublishedApril 11, 2023
Small business owners feel the credit crunch
Small businesses are seeing the already-tough process of getting business loans get even tougher because of a variety of factors.
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PublishedMarch 27, 2023
Commentary: Banks must be forced to keep their word on climate change
We have to sustain pressure on the major banks that continue to finance fossil fuel production – and maintain Maine’s focus on the climate crisis.
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PublishedMarch 19, 2023
Banking giant UBS to buy Credit Suisse for $3.2 billion to rein in turmoil
The combination of the two biggest and best-known Swiss banks amounts to a thunderclap for Switzerland’s reputation as a global financial center.
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PublishedMarch 17, 2023
Biden calls for tougher penalties for failed bank execs
Biden wants the Federal Deposit Insurance Corporation to be able to force the return of compensation paid to executives at a broader range of banks should they fail.
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PublishedMarch 16, 2023
Big banks create $30 billion rescue package for First Republic
Sources familiar with the matter said that JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs are part of the group of banks pulling together the package.
Banks
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