Browsing: banks

Distortions in China’s financial system are at the root of today’s global trade imbalances. Capital (along with labor) is the fundamental variable in production, and if it is made artificially cheap it alters the course of economic nature. Beijing has not delivered on its promised market reforms to its banking system and related financial industries.…

A patchwork of state cannabis legalization has collided with federal prohibition, leaving thousands of state-licensed marijuana businesses unable to access basic banking services. The U.S. Government Accountability Office (GAO) released “Banking Services: Cannabis Businesses Face Access Challenges” on September 8, 2026, finding that most financial institutions still refuse to serve them despite updated regulatory guidelines.

Nature loss is increasingly recognised as a material financial issue, creating both risks and opportunities for banks. Our new publication outlines practical ways for financial institutions to integrate nature considerations into decision-making and financing activities through circular economy approaches.