HSBC to stop funding new oil and gas fields as part of policy overhaul

HSBC <a href="https://www.reuters.com/companies/HSBA.L" target="_blank">(HSBA.L)</a> will stop funding new oil and gas fields and expect more information from energy clients over their plans to cut carbon emissions, the banking giant said on Wednesday, as part of a wider update of its sector policy.

Reuters
@ClimateHubYYC How's that going to work if RBC's plan to buy out HSBC isn't blocked by federal securities commission?