JPMorgan Exits Net Zero Banking Alliance, Following Citi and BofA
2 days ago
In a significant shift within the financial industry, JPMorgan Chase has officially announced its withdrawal from the Net Zero Banking Alliance (NZBA). This move comes on the heels of similar decisions made by fellow banking giants Citigroup and Bank of America (BofA), raising questions about the future of climate initiatives within the sector.
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Citigroup Joins Exodus from Global Climate Banking Alliance Amid Shifting Economic Landscape
8 days ago
Citigroup has announced its decision to withdraw from the Global Climate Banking Alliance, marking a significant shift in strategy amid evolving market dynamics and climatic concerns. This move comes as the financial institution reassesses its commitment to environmental sustainability in light of changing economic conditions and heightened scrutiny from stakeholders.
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