Pressuring banks on social change just got harder
Jan 15, 2021

Pressuring banks on social change just got harder

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A key regulator finalized a rule to prevent big banks from turning down loans to businesses, like gun-makers or oil drillers, solely because of perceived reputational risk. And, with more institutional investors looking into Bitcoin, is more regulation on the way?

Segments From this episode

New Trump administration rule limits large banks' ability to turn away business

Jan 15, 2021
Large banks can't deny services to businesses, like gun-makers and oil drillers, just based on what they do.
The rule prohibits large banks from refusing to lend to certain business sectors, after Republicans voiced frustration at what they saw as a reluctance by banks to finance gun-makers and energy firms.
Jim Watson/AFP via Getty Images

With Bitcoin's popularity increasing, what new regulations will we see?

Jan 15, 2021
Those looking to dip their toes into Bitcoin expect the same regulatory clarity and protections that come with traditional assets.
Financial advisers and professional money managers generally haven't been able to add Bitcoin to the portfolios they manage.
Ozan Kose/AFP via Getty Images

Music from the episode

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer