Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible' Bet [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
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Source: Yahoo! Finance
NYC's Underground Steam System May Be Key to a Greener Future NYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge Trump Promises Could Have Seismic Impact on Washington Economy NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting Roughly 770 ESG funds worldwide hold shares of Adani Green Energy Ltd., which just lost about a quarter of its value after US prosecutors charged Gautam Adani with suspected bribery. It's one of a group of companies in the Adani empire that made it past ESG screens, only to be dumped by investors as they digest a fresh litany of alleged breaches. “Adani Green's terrible governance was in plain view,” said Henry Kinnersley, co-founder of shortseller Snowcap Research. Almost two years after a report by another short seller, Hindenburg Research, accused the Adani Group of decades of fraud and market manipulation, federal prosecutors in the US have alleged t
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News
- Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible' Bet [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI [Yahoo! Finance]Yahoo! Finance
- Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASIPR Newswire
- Banks’ compensation models need work: FSB [Investment Executive - News]Investment Executive - News
- Fed's Bowman Urges Cautious Approach to Further Rate Cuts [Yahoo! Finance]Yahoo! Finance
FCNCA
Earnings
- 10/24/24 - Miss
FCNCA
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 144
- FCNCA's page on the SEC website