{"id":2597,"date":"2008-07-04T11:10:46","date_gmt":"2008-07-04T10:10:46","guid":{"rendered":"http:\/\/www.ethicalquote.com\/index.php\/2008\/07\/04\/the-ethics-of-banking-and-the-balance-of-media\/"},"modified":"2008-11-28T10:53:27","modified_gmt":"2008-11-28T09:53:27","slug":"the-ethics-of-banking-and-the-balance-of-media","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2008\/07\/04\/the-ethics-of-banking-and-the-balance-of-media\/","title":{"rendered":"The ethics of banking (and the balance of media)"},"content":{"rendered":"

\"080707_ft.jpg\"<\/a>A fresh writedown for UBS. An ethical writedown, that is. The below chart compiled by Covalance – an ethical research outfit. As you\u2019ll notice, UBS – generally a poorly behaved child – has been very<\/em> naughty since mid-April. (…) HSBC, meanwhile, is good as gold. Last year major positive issues regarding the Banking industry have been: Climate Change, Energy, Diversity, CSR awards & rankings, Student grants, research & education, and Project finance & controversial loans. Major negative issues: Subprime, Project finance & controversial loans, Climate Change, Human Rights, Job creations\/cuts, and Apartheid.<\/span><\/span> Downsizing and subprime weighing heavy on UBS. Not, however, being a bank to shy away from the odd third-world loan to a despotic nasty, never really put the Swiss house in the running. The really<\/em> interesting part in the Covalance report though is below: ostensibly – a graph to indicate the sourcing of Covalence\u2019s (voluminous) data; by proxy – a measure of how bearish different media outlets are. > Continue<\/a>.<\/p>\n

Publication: Covalence in the News | Country: Global <\/span><\/span>| Company: <\/span>Banco Santander, Bank of America, Barclays Bank, BBVA, <\/span>BNP<\/span><\/st1:stockticker> Paribas, Citigroup, Credit Suisse, Deutsche Bank, Fifth Third Bancorp, HBOS, HSBC, JPMorgan Chase, Lloyds TSB, Merrill Lynch, Mitsubishi Tokyo Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, U.S. Bancorp, <\/span>UBS<\/span><\/st1:stockticker>, Wachovia Corp., Wells Fargo<\/span><\/a> | <\/span><\/span><\/span><\/span><\/span> Source: Financial Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A fresh writedown for UBS. An ethical writedown, that is. The below chart compiled by Covalance – an ethical research outfit. As you\u2019ll notice, UBS – generally a poorly behaved child – has been very naughty since mid-April. (…) HSBC, meanwhile, is good as gold. Last year major positive issues regarding the Banking industry have…<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[2,1],"tags":[76,116,187,134,52,31,51,183,188,148,73,119,136,189,190,137,191,192,193,194,195,14,197,140],"post_series":[],"class_list":["post-2597","post","type-post","status-publish","format-standard","hentry","category-publications","category-news","tag-banco-santander","tag-bank-of-america","tag-barclays-bank","tag-bbva","tag-bnp-paribas","tag-citigroup","tag-credit-suisse","tag-deutsche-bank","tag-fifth-third-bancorp","tag-hbos","tag-hsbc","tag-jp-morgan-chase","tag-lloyds-tsb","tag-merrill-lynch","tag-mitsubishi-tokyo-financial-group","tag-morgan-stanley","tag-national-australia-bank","tag-royal-bank-of-canada","tag-royal-bank-of-scotland","tag-societe-generale","tag-u-s-bancorp","tag-ubs","tag-wachovia-corp","tag-wells-fargo","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=2597"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/2597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=2597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=2597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=2597"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=2597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}