New-World Climate Regulation Clashes with Old-World Capitalism
Banks face challenges in meeting unrealistic climate goals and implementing net zero commitments due to economic and political complexities.
Source: oilprice.com
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UBS banker's frustration exposes cracks in climate finance
Bringing Taiwan to the World and the World to Taiwan
Source: taipeitimes.com
WindAction | UBS banker's frustration exposes cracks in world of climate finance
The upshot: The world’s biggest banks can’t live up to the green regulatory ideal unless they start dumping huge numbers of clients worldwide at a reckless pace and also roil economies in large swathes of the globe that primarily rely on dirty fuels. Faced with that dilemma, many lenders are quietly reeling in their climate ambitions.
Source: windaction.org
ESG Frustration And Backlash In The Banking Sector Continues
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
The elite trading team that likens itself to an army unit
When your leader is a former member of special forces.
Source: efinancialcareers.com