Investor Advocates for Social Justice

Tri-CRI Urges Wells Fargo Shareholders to Support Business Standards Review Resolution

April 20, 2017

The Sisters of St. Francis of Philadelphia and sixteen co-filers, including members of the Tri-State Coalition, filed a shareholder resolution urging Wells Fargo to conduct a Business Standards Review in response to the consumer fraud scandal as the company continues to face serious regulatory, business, legal, reputational and human capital risks. Unethical business practices, the insular company culture, […]

Article tags: , ,

Tri-CRI Members Urge Top Banks to Support the CFPB

January 5, 2017

Several Tri-CRI members signed letters addressed to the nation’s top banks asking them to express support the Consumer Financial Protection Bureau and resist attempts to weaken its effectiveness. Investor letters coordinated by the Interfaith Center on Corporate Responsibility were sent to: Bank of America BNY Mellon Citibank Goldman Sachs Morgan Stanley Wells Fargo Click here […]

Article tags:

Tri-CRI Meets with Cardinal Peter Turkson

March 4, 2016

Cardinal Peter Turkson, President of the Pontifical Council for Justice and Peace, who was the primary author of Laudato Si’, was in New York this month and we were pleased to have the opportunity to not only, see him speak, but also meet with him.  He was the keynote speaker at a session entitled “Catholics, Capitalism, and the Climate,” […]

Article tags: , , , , , , , , , , , , ,

Event: November 20th Press Conference on Bank Scorecard

November 19, 2013

7 Leading Banks to be Scored on Key Shareholder Concerns, Including Executive Compensation and Risk Management   Scorecard from Interfaith Center on Corporate Responsibility to Examine Bank of America, Bank of New York Mellon, Citi, Goldman Sachs, JP Morgan Chase, Morgan Stanley and Wells Fargo. NEW YORK, NY///November 18, 2013///How do America’s top banks stack up […]

Article tags: , , , , , , ,

Ranking the Banks

November 6, 2012

Ranking the Banks Read more, access videos, detailed resources and more at JPMorgan Chase announces a trading loss on its own accounts of somewhere between $2 and  $9 billion from a derivatives trade that spiralled out of control; Barclay’s admits to manipulating the LIBOR interbank lending rate; the attorney general of Massachusetts brings a […]

Article tags: , , , , , , ,

Faith Based Investor Challenges Jamie Dimon

May 17, 2012

Thursday, May 17, 2012 Fr. Seamus Finn, OMI questioned the CEO of JP Morgan Chase on Tuesday during their Annual Meeting in Naples, Florida. He raised concerns about the recently announced $2billion trading loss, as well as Jamie Dimon’s strong opposition to the Volcker rule. Finally, Fr. Fin sought clarity and transparency around the firm’s […]

Article tags: ,

Faith and Finance: Finding Common Ground to Protect the Common Good

October 30, 2010

ICCR’s Financial Services group issued a white paper titled, Faith and Finance: Finding Common Ground to Protect the Common Good outlining the priorities essential to reform. The resource concludes that many changes still need to occur in order for confidence in the financial system to be restored, such as the revolving door between the private […]

Article tags:

Goldman Chief Promises a Review of Bank’s Practices

May 7, 2010

The head of Goldman Sachs, at his first meeting with shareholders since the government accused the bank of defrauding some clients, vowed on Friday to conduct an internal review of the company’s business practices to make sure it was serving its customers and the public interest. Goldman investors arriving Friday at the annual meeting in […]

Article tags: ,

Faith-based investors push bankers for transparency

Dennis Sadowski WASHINGTON — As Congress debates legislation to restrict the activities of financial traders, a group of faith-based institutional investors is pressuring four of the nation’s largest banks to become more transparent in the way they transact investment deals. The investors, under the banner of the New York-based Interfaith Center on Corporate Responsibility, have […]

Article tags: