Pressures from politics and concerns about collusion lawsuits are causing banks to rethink tactics. They also need to rethink ...
Financial institutions are backing away from publicly aligning their investments with ESG goals, and now is the time to hold ...
Op-ed views and opinions expressed are solely those of the author. Perhaps nobody could be pleased by the recent departure of financial institutions from the repugnant […] ...
A federal judge's ruling could have sweeping consequences for how companies invest retirement savings in the U.S.
Laura Barlow, Barclays’ group head of sustainability, has stepped down to pursue other opportunities, marking a notable ...
NZAMI’s suspension follows a mass exodus of U.S. banks from its sister organization, the Net Zero Banking Alliance, or NZBA, ...
This includes statements made by Goldman Sachs, JPMorgan and Blackrock. Blackrock claims its “participation in NZAMi didn’t impact the way we managed client portfolios. Therefore, our departure ...
Italian authorities released the director of a notorious detention camp who had been arrested in Turin on an ICC war crimes warrant. Italian police were acting on an arrest warrant from the ...
President Donald Trump talks to the media at a public press event following the RNC debate in Houston, Texas in February 2016. Picture: Stock_photo_world/Shutterstock ...
The firm has been making headlines for other reasons, like its withdrawal from the Net Zero Asset Managers Initiative (NZAMI). BlackRock pulled out of NZAMI on January 11, under pressure from ...
Amid political pressure from Republican officials, BlackRock has left the Net Zero Asset Managers Initiative, citing confusion and legal inquiries. With a substantial portion of its clients committed ...