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United Kingdom: Green investment bank's chief plans to borrow and raise debt

2013-05-09 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The chief of the UK's 3bn green investment bank is preparing to move the bank to borrowing and raising debt, in order to vastly expand its scope in bringing forward renewable energy and other environmental projects across the country. The move would be a sharp break with the current set-up of the bank, which on Thursday published data for the first time on its initial investments totalling 635m. It receives money from the Treasury in order to fund green projects, but is not allowed to raise...

Tags: united kingdom green plans

 

Banks Buying Hong Kong Towers as Rents Climb: Real Estate

2013-05-07 03:31:38| Real Estate - Topix.net

Seeking to hedge against rising rents and a shortage of space, banks and insurers are on a record spree of buying office buildings in Hong Kong, where occupancy costs are the second-highest in the world.

Tags: real estate hong kong

 
 

New York to sue banks over mortgages

2013-05-06 22:20:36| BBC News | Business | UK Edition

New York's attorney general says he plans to sue major lenders Bank of America and Wells Fargo for violating a $25bn (16bn) mortgage settlement.

Tags: york banks sue mortgages

 

High-Capacity Power Banks charge 2 devices simultaneously.

2013-05-02 14:28:18| Industrial Newsroom - All News for Today

Model KEBG-M03 power banks feature 8,000 mAh capacity at 3.7 V and 6 hr charge time, while KEBG-M02 models have 6,000 mAh capacity at 3.7 V and 8 hr charge time. Both units include dual USB charging interfaces to charge 2 devices at once, while interfaces have 2.1 A efficiency. Products use compact, high-density polymer battery and integrate 4 LED power indicators. Casing is lightweight aluminum alloy with matte surface to resist dirt and high temperatures. This story is related to the following:Battery Chargers

Tags: power charge devices banks

 

Dirty Banks Exposed for $20 Billion Investment in Dying Coal Industry

2013-05-01 16:58:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: This week, Rainforest Action Network (RAN), Sierra Club and BankTrack released the fourth annual coal finance report card, Extreme Investments: U.S Banks and the Coal Industry. The report finds that in 2012, the banking sector financed $20.8 billion for the dirtiest coal companies, even as U.S. coal consumption for power generation fell 11 percent and as mounting scientific evidence confirmed coals extreme impact on health and climate change. It ranks Bank of America, Citigroup and JPMorgan Chase...

Tags: industry investment banks billion

 

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