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.
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.
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 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Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.
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
JPMorgan considering exiting UN-backed climate alliance for banks, WSJ reports
JPMorgan (JPM) the only major U.S. bank left in the United Nations-backed Net-Zero Banking Alliance, is considering withdrawing from it, The Wall
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.
Morgan Stanley stock rises Friday, still underperforms market
The stock's rise snapped a four-day losing streak.
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