Financial crisis – visualized

Financial crisis – visualized

As our economy begins to feel safe once again, it is important to take this time to understand what happened in the first place. This short and simple story created by Jonathan Jarvis takes a complex situation like the credit crisis and break its down through a strong narrative and excellent visualization to explain the situation for those who may not quite understand what actually occurred.

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Going Green: A New Movement in Banking and Finance

Going Green: A New Movement in Banking and Finance

Has your bank recently offered you paperless statements and online banking? Whether you have considered it or not, these are great eco-friendly ways of dealing with your finances; cutting down on waste from paper and greenhouse gases from production and transportation. Many financial institutions have recently taken a step further in their interest in promoting the environment. Just this month, Wells Fargo announced that it would be joining the U.S. Environmental Protection Agency Climate leaders program and adopting The Carbon Principles, becoming the latest addition to a number of banks who have already made the commitment. The Carbon Principles, established earlier this year, were a team effort by financial giants Citigroup, JP Morgan Chase, and Morgan Stanley to assess carbon risk as well as the energy industry's changing needs for future growth and their ability to provide affordable energy. Bank of America has also recently announced that they will financing $2.5 million in a major solar energy project, in conjunction with Borrego Solar Systems, in constructing a solar electric system at one the fastest-growing breweries in the country, Stone Brewing Co. The project is estimated to save the company $3 million in energy costs in just the first five years. This is just one of the many financing projects that Bank of America will be undertaking under their new $20 billion environmental initiative.

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