CSR News Stories
Italy: Investment banks may face lawsuits over unfair bonds
Italian authorities are looking at possible legal action against banks such as Deutsche Bank, JP Morgan Chase and UPS over contracts taken out to manage public debt which are felt to have been unfairly weighted in the banks favour.
Business showing leadership on climate change
General Electric and Morgan Stanley have joined the list of companies pledging serious action to tackle the growing phenomenon of climate change.
US: Slavery reparations suit thrown out
A US federal judge has struck out a lawsuit brought by descendents of slaves against companies alleged to have benefited from slave labour.
Enron partners exposed to lawsuits
A federal judge in Houston has ruled that banks, law firms and investment houses that helped construct Enron's off-the-books partnerships may be sued by investors seeking to regain their losses.
US: JP Morgan Chase defends role in Enron accounting
JP Morgan chief executive told a US Congressional Hearing that his bank did not knowingly help Enron hide debt.
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Special Feature
Social responsibility and finance - on the precipice
In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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