Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest ...

Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.

The Net-Zero Banking Alliance has been rocked by numerous recent defections in the US amid political pressures.

Morgan Stanley said Thursday it would depart from the Net-Zero Banking Alliance, which organizes banks to align on reducing their carbon emissions, on net, to zero by 2050. The bank said in an email ...

Morgan Stanley terminated its membership of a major climate-banking group, joining a wave of Wall Street firms that recently ...

Citigroup and Bank of America said they were leaving the group earlier this week, and Goldman Sachs and Wells Fargo made the ...

Morgan Stanley (NYSE: MS) has become the latest financial giant to abandon the Net-Zero Banking Alliance, a UN-backed ...

The brokerage added: “This data point includes the three days” – December 18 to 20 – “when President Xi visited Macau for the ...

Band of America and Citibank leave climate alliance, focus on emerging markets. Trump's policies may boost regional banks, ...

Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through ...

OfBusiness’ new SaaS platform Nexizo allows SMEs to find relevant buyers for their products, gather market insights ...

Texas and other GOP-led states have taken aim at Wall Street for practices they view as hostile to fossil fuels, and ...