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.
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 is latest to leave climate-banking group
Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.
Green banking alliance on the rocks as Morgan Stanley exits
A major green banking group is in trouble after Morgan Stanley announced its exit, joining a long list of big banks to leave the group before President-elect Donald Trump takes office. Morgan Stanley said Thursday it would depart from the Net-Zero Banking Alliance,
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 exodus from Mark Carney’s net zero banking group
Morgan Stanley has quit Mark Carney’s net zero banking group, joining a broader Wall Street exodus as Donald Trump prepares to re-enter the White House.
Morgan Stanley becomes latest US bank to quit climate alliance
Morgan Stanley has become the latest major Wall Street bank to withdraw from a key climate banking coalition, following similar moves by Citigroup and Bank of America earlier this week
Morgan Stanley leaves Net Zero Banking Alliance
Morgan Stanley has pulled out of the Net Zero Banking Alliance (NZBA), a group of global banks seeking to align their lending, investment and capital markets activities with achieving net-zero greenhouse gas emissions by 2050.
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