Morgan Stanley Follows Citi, BofA in Quitting Climate Group
Morgan Stanley terminated its membership of a major climate-banking group, joining a wave of Wall Street firms that recently quit a global alliance intended to aid the reduction of greenhouse-gas emissions.
Morgan Stanley to leave sector climate coalition
Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector's top global climate coalition. While the bank gave no reason for its decision,
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan Stanley has decided to withdraw from the Net-Zero Banking Alliance.
Morgan Stanley joins Goldman Sachs, Citi in exodus from UN-backed climate alliance
Citigroup and Bank of America said they were leaving the group earlier this week, and Goldman Sachs and Wells Fargo made the same announcement in December.
Morgan Stanley exiting UN-backed climate alliance for banks, Reuters reports
Morgan Stanley (MS) is the latest bank to leave the Net-Zero Banking Alliance, following similar moves in recent weeks by Citi (C), Bank of
Citi and Bank of America Say They’re Leaving Global Climate-Banking Alliance
Citigroup Inc. and Bank of America Corp. said they’re leaving a global climate-banking group, becoming the latest Wall Street lenders to exit the coalition in the past month.
Wall Street banks exit climate alliance as Trump 2.0 nears
Some of the biggest lenders in the US are beating a retreat from a UN-backed bank climate group in the final weeks before a new Trump administration prepares to take office.
Citi, Bank of America quit UN-backed climate alliance for banks, FT reports
Citi (C) and Bank of America (BAC) on Tuesday decided to exit the Net-Zero Banking Alliance, the world’s largest climate alliance for banks,
CitiGroup Exits Net-Zero Banking Alliance, Joins Growing List of U.S. Banks Scaling Back Climate Commitments
CitiGroup exits the Net Zero Banking Alliance, joining other major banks in scaling back climate initiatives amid political pressures.
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