Net-Zero Banking Alliance (NZBA)

A coat of arms is seen on one of the original Bank of Montreal (BMO) buildings in Toronto, Ontario, Canada June 1, 2021. Photo: REUTERS/Chris Helgren/File Photo
Global Economy

Top Canadian banks quit global climate coalition ahead of Trump inauguration

The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week

Activists protest against fossil investments before the annual general meeting of the Swiss National Bank (SNB) in Bern, Switzerland, April 26, 2024. Photo: REUTERS/Denis Balibouse/File Photo
USA

Exodus by Wall Street banks from climate group worries advocates