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Stock impact report

Wall Street's Top Banks Just Abandoned a Once Popular Alliance [Yahoo! Finance]

Blackrock Health Sciences Trust (BME) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Is This Weird Dome the Future of Watching Sports? NYPD Seeking Gunmen After 10 People Wounded Outside Queens Venue Burned-Out Parents Need Better Public Spaces Detroit's Michigan Central Is the Building Revival Story of 2024 A Commuting Resolution for 2025: Ride Your Local Subway or Bus The Net-Zero Banking Alliance — a group dedicated to helping lenders reduce their carbon footprints — has in quick succession been abandoned by Goldman Sachs Group Inc., Wells Fargo & Co., Citigroup Inc., Bank of America Corp. and Morgan Stanley. JPMorgan Chase & Co., the largest US bank, looks to be next in line. The moves reflect US banks' desire to shield themselves from increasing political pressure as Donald Trump returns to the White House, according to people familiar with the matter who asked not to be identified discussing private deliberations. And NZBA is bracing for more US exits, Secretariat Lead Sarah Kemmitt told members in a Dec. 31 letter seen by Show less Read more
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