JPMorgan Chase & Co has become the last of Wall Street’s biggest banks to leave the industry’s largest climate-finance alliance, following Citi and BofA. Other notable exits include Goldman Sachs and Morgan Stanley. The move coincides with growing Republican pressure on “woke” finance practices in the sector.
Source: https://www.bloomberg.com/news/articles/2025-01-07/jpmorgan-quits-net-zero-banking-alliance-following-citi-bofa