FlowBank

1134 days ago • Posted by Martin Boujol

Which bank has the largest loan exposure to fossil fuel firms?

The chart below shows the aggregated value in billions from 2016; it appears that JP Morgan is the biggest lender of the sort, with over $250 billion, followed by Wells Fargo and Citigroup. Many banks, including HSBC, are starting to review their strategy and want to select their loan clients with a strong emphasis on sustainability. 

Source: FT

#Stocks #Commodities
Which bank has the largest loan exposure to fossil fuel firms?
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