Near the end of 2024, the world's hottest year on record, major U.S. banks and asset managers withdrew from initiatives under ...

Goldman Sachs, Morgan Stanley, JPMorgan Chase & Co, Wells Fargo & Co, Citigroup and Bank of America — have pulled out of the ...

Major global climate finance alliances are increasingly at risk with European lenders reportedly mulling following major US ...

Six of the worlds largest banks all withdrew from a net-zero banking alliance just weeks apart ahead of President-elect ...

Major American banks are fleeing an international agreement to align their lending and investments with the goal of reaching net zero carbon emissions by 2050, in what some analysts see as a political ...

JPMorgan Chase, Morgan Stanley, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are among the other major lenders ...

The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...

Bank of Nova Scotia is the latest major bank to walk away from the industry’s biggest climate-finance alliance, following a ...

Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network ...

Bank of Montreal has become the first Canadian bank to exit the Net-Zero Banking Alliance, amid political pressure. This move ...