Cry me a river...
#McKinsey warns #banks risk $170B #profit decline from #AI https://www.techrepublic.com/article/news-bank-profit-decline-ai/
Cry me a river...
#McKinsey warns #banks risk $170B #profit decline from #AI https://www.techrepublic.com/article/news-bank-profit-decline-ai/
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"No major banks have yet committed to stop funding new oil, gas and coal, research finds"
"Big-name banks slammed for supporting oil and gas expansion in Amazon rainforest"

Big-name banks have been accused of providing $2bn of direct financing for oil and gas extraction projects within the Amazon rainforest since January 2024, with JP Morgan Chase, Bank of America and Citi named as the worst offenders.
No major banks have yet committed to stop funding new oil, gas and coal, research finds https://www.theguardian.com/environment/2025/oct/22/no-major-banks-have-yet-committed-to-stop-funding-new-oil-gas-and-coal-research-finds
#climate #ClimateChange #ClimateCrisis #GlobalWarming #bank #banks #fossilfuel #fossilfuels #oil #gas #coal