HSBC Exits Global Climate Banking Alliance, Joining Wave of U.S. Bank Departures
HSBC, one of the UK’s largest banks, has announced its withdrawal from the United Nations-backed Net-Zero Banking Alliance (NZBA), making it the first British bank to do so. The move follows similar decisions by major U.S. financial institutions such as JPMorgan Chase, Citigroup, and Morgan Stanley, as well as Canada’s Bank of Montreal. HSBC stated […]
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