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 ...

U.S. banks, including Morgan Stanley, Citigroup, and Bank of America, are leaving climate coalitions due to mounting pressure from Republican lawmakers and a shift in focus towards regulatory ...

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 ...

The French utility giant has ambitious plans to help meet Australia’s clean energy targets, but its executives say we need to ...

Morgan Stanley said it has quit a global climate-banking group, joining other Wall Street firms to have left an alliance ...

Technology firms led equity gains on Monday, lifting stocks further from a year-end rut on renewed confidence in the sustained demand for artificial-intelligence infrastructure. The dollar fell by the ...

The Glasgow Financial Alliance for Net-Zero (GFANZ) has unveiled plans to evolve into a CEO-led group and focus more on ...

If ever we needed asset owners to be the drivers of responsible investment, it's in 2025,' says ShareAction's Simon Rawson ...

In contrast to the gloomy mood in Europe, US markets pushed higher. At the time of the London close, the Dow Jones Industrial Average was up 0.6%, the S&P 500 was 1.0% higher and the Nasdaq Composite ...

Morgan Stanley has become the latest major Wall Street bank to withdraw from a key climate banking coalition, following ...

C-suites once hoped. Why it matters: The world is already far off pace from meeting Paris Agreement targets and emissions ...