U.S. banks Citigroup and Bank of America said on Tuesday they are exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions. They follow ...

Less than two weeks before former President Donald Trump retakes office, JPMorgan Chase exited the Net-Zero Banking Alliance, leaving only three US banks as members of the climate group. It was only ...

UBS Group said it left the Net-Zero Banking Alliance, becoming the latest big bank to exit the industry climate group. The Swiss bank follows in the footsteps of peers like JPMorgan, Citigroup, HSBC ...

The Net Zero Banking Alliance is shutting down. The announcement comes after several defections from large banking institutions, the Net Zero Banking Alliance stated. The alliance confirmed that it ...

Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...

Journal Editorial Report: The president believes his legacy is the color green. Photo: Manuel Balce Ceneta/Associated Press The climate policy retreat is accelerating as Citigroup, Bank of America and ...

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 new Trump administration prepares to take office. Some, including Morgan ...

The United Nations Environment Programme Finance Initiative has published a 2024 progress report produced by the Net-Zero Banking Alliance. Launched in 2021, the NZBA is a bank-led alliance of 144 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The transition follows a stunning loss of confidence in the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The closure follows a stunning loss of confidence in the ...

UBS Group said it left the Net-Zero Banking Alliance, becoming the latest big bank to exit the industry climate group. The Swiss bank follows in the footsteps of peers like JPMorgan, Citigroup, HSBC ...

UBS Group said it left the Net-Zero Banking Alliance, becoming the latest big bank to exit the industry climate group. The Swiss bank follows in the footsteps of peers like JPMorgan, Citigroup, HSBC ...