Syndicate of banks funding meat packing company JBS -amidst allegations of deforestation, slavery, corruption and fraud.

JBS is the world’s largest meat company by revenues, capacity, and production including beef, poultry, lamb and pork. It is the largest beef exporter from Brazil and it sells its meat products under a range of brands including Swift, Friboi,   ... →

Thun Group of Banks criticised for misguided interpretation of UN Guiding Principles.

At the beginning of this year, the informal Thun banking group, consisting of UBS, Credit Suisse, Barclays, BBVA, BNP Paribas, Deutsche Bank, ING, RBS, Standard Chartered, UniCredit and JP Morgan, published a position paper on the understanding and scope of   ... →

The Panama Papers, One Year On – An Overview

Financial District in Panama-City, Source: Wikimedia Commons ©

April 3, 2016, entered history as a black Sunday for tax evaders, arms smugglers, drug dealers, corrupt politicians, athletes and business people as well as many financial institutions around the world. That   ... →

Banking without Principles?! – Banks rate low in BankTrack report

Die neue BankTrack Studie hat untersucht wie Banken ihrer menschenrechtlichen Verantwortungen nachkommen. ©BankTrack

Die neue BankTrack Studie hat untersucht wie Banken ihrer menschenrechtlichen Verantwortungen nachkommen. ©BankTrack

In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12   ... →

Press release: How fair is my bank?

The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.

 fair-finance-guide-logo-de(Berlin, March 15, 2016) –  On today’s World Consumer Rights Day, a coalition of German non-governmental organizations   ... →

Deutsche Bank, among others, receives further fines for manipulation.

One of the major processes for competitive manipulation by banks is at an end. In the civil trial of twelve financial corporations that were involved in the long-term manipulation of the market for credit derivatives, the payments have been set   ... →