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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.

The Baltimore Sun · 1d

Morgan Stanley becomes latest bank to leave ‘net-zero’ climate alliance

Morgan Stanley is the latest financial institution to leave the Net-Zero Banking Alliance. Citigroup and Bank of America left on Tuesday. Goldman Sachs Group and Wells Fargo departed in December.

The Hill on MSN · 2d

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.

Bloomberg on MSN · 2d

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.

New York Post on MSN · 2d

Morgan Stanley joins Goldman Sachs, Citi in exodus from UN-backed climate alliance

Morgan Stanley said on Thursday it had decided to leave a UN-backed climate alliance — joining rivals Goldman Sachs and Citi in ditching the group amid conservative backlash toward environmental and diversity initiatives.

1d

Morgan Stanley stock rises Friday, still underperforms market

The stock's rise snapped a four-day losing streak.

2d

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 ...

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