banking industry

October 11, 2019 - Amid a grassroots campaign targeting them for financing private prison companies, banks are cutting ties with the industry. Florida-based GEO Group's last remaining banking partner recently announced it would cut ties with the company, and Tennessee-based CoreCivic is also feeling the heat.

March 8, 2019 - With a growing number of banks refusing its business amid pressure from human rights activists, the U.S. private prison industry has been ramping up spending on lobbying and campaign contributions. Tennessee-based private prison giant CoreCivic just added to its powerhouse lobbying roster another influential firm for help on banking issues.

June 12, 2015 - The urgent need for non-predatory financial services in the South is increasingly being met by community development financial institutions, which serve small businesses and entrepreneurs while building wealth in underserved communities.

November 21, 2014 - A report released this week by the Sunlight Foundation calculated what 200 of America's most politically active corporations invested in federal lobbying and campaign contributions over six years -- and the value of what they got in return: $760 in federal support and contracts for every $1 spent.

November 14, 2014 - With North Carolina-based Bank of America and other big banks in trouble again -- this time over pursuing consumer debts that aren't legally collectable and manipulating foreign currency markets -- isn't it time for the Justice Department to stop allowing corporations to evade prosecution?

August 25, 2014 - Following the $16 billion Justice Department settlement with North Carolina-based Bank of America for financial crimes, Dirt Diggers Digest looks at prosecution of corporate crime of another sort -- and finds less-than-vigorous prosecution for environmental offense.

March 28, 2013 - A watchdog group has compiled a list of banking's "dirty dozen" corporate criminals, and Charlotte, N.C.-based Bank of America makes the cut with billions paid out in penalties and settlements for various crimes.