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Investment Firm Files Resolution at Major Banks Calling for Adoption Of Principles on Global Illicit Financial Flows & Transparency
November 15th, 2010

Global Financial Integrity Applauds Shareholder Initiative

WASHINGTON, DC--Global Financial Integrity (GFI) applauds Harrington Investments, Inc.’s decision to file shareholder resolutions with Citigroup, Bank of American and JPMorgan Chase, calling for the adoption of a policy position addressing the systemic use of the U.S. financial system to both shelter illicit funds and transfer them internationally. The shareholder resolution follows a difficult year in which we saw Wachovia Bank sanctioned for laundering millions of dollars for South American drug cartels, HSBC agreeing to sanctions from the U.S. Comptroller of the Currency for failure to maintain adequate anti-money laundering programs, and the...
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Bank Of America Dethrones UBS In Private-Banking Top Spot – Study
July 6th, 2009
ZURICH (Dow Jones)--U.S.-based Bank of America Corp. (BAC) knocked Switzerland's UBS AG (UBS) off the top spot as the world's largest private-banking group, while the industry which manages the wealthy's funds saw assets shrink by an estimated $2.9 trillion last year, according to an expert study presented Monday.
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Pooja Rangraprasad of @SID_INT asks @ UN Tax Committee side-event why are taxing rights now on the agenda? Not due… https://t.co/gIa1911dMf
- Monday Jul 15 - 8:21pm

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