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Banks Are Falling Short on Financing Clean Energy Deals

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Banks need a bigger commitment to underwriting enough low-carbon energy deals to help prevent climate change, according to the findings of a BloombergNEF report measuring the level of financing that banks are pouring into the energy transition. Alastair Marsh has the details on Bloomberg Television.

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10 Comments

10 Comments

  1. @briandavis849

    January 11, 2024 at 8:57 am

    Thereis no climate crisis and nothing these fools are doing would help if there was.

  2. @srikark3532

    January 11, 2024 at 8:57 am

    As per my personal experience JP Morgan and Wells Fargo, banks are the worst banks in terms of ethics. They spread deceit and lies and feast on greed.

  3. @GLCL

    January 11, 2024 at 8:57 am

    Green fools

  4. @bogdar2019

    January 11, 2024 at 8:57 am

    The audacity of these people…

  5. @wanderer5200

    January 11, 2024 at 8:57 am

    This is not how capitalism works.

  6. @sierra-holdings

    January 11, 2024 at 8:57 am

    why should bank borrow $ to something what is not very much profitable ?
    if it is important, every person who believes in those green myths should take his 401 and invest directly to those new companies… not to go on tv and complain why banks do not invest in not-so-profitable business

  7. @TimJamesSaunders

    January 11, 2024 at 8:57 am

    Who are you to tell the banks what to finance? (Said with Connor McGregor accent)

  8. @KerriForsberg

    January 11, 2024 at 8:57 am

    Banks should be financing projects that will make them money, that's the point. Banks aren't made to fulfill social, political, or cultural fads.

  9. @BudIsland

    January 11, 2024 at 8:57 am

    No one is going to finance "pie in the sky" ventures

  10. @_Pooter_

    January 11, 2024 at 8:57 am

    if we all use CBDCs why not shut all dem bankz down … but what will happen to the DOW 🧐

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Warsh Makes Big Promises at Jackson Hole, Experts React

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Bloomberg’s Tom Keene, Lisa Abramowicz, and Michael McKee spoke with a number of financial experts on the sidelines of the Jackson Hole Economic Symposium in Wyoming on Friday, where they broke down the speech from Federal Reserve Chairman Kevin Warsh. In his first appearance as chair from the annual gathering, Warsh said if inflation doesn’t meaningfully slow down, policymakers have “work to do.”
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Anthropic’s Mega-IPO Plan Looms Over Packed US Listing Calendar

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Anthropic PBC’s IPO is casting a long shadow over companies’ US listing plans, as they try to find room for their deals to grab attention after the Sept. 7 Labor Day holiday.

The Claude developer is preparing to file publicly for an initial public offering that’s expected to raise as much as SpaceX’s record $86.2 billion debut, if not more, in the coming weeks. Some firms and their backers are finding it hard to get the attention of long-term-oriented investors and sovereign wealth funds when the prospect of an Anthropic IPO is imminent, according to people familiar with the preparations.

For a closer look, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News.
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Trump Vs. Canada: White House Prepares Next Move as Trade War Spirals

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The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. The threat underscores the prospect of a spiraling trade war between the two nations. Bloomberg’s Jill Disis breaks down the situation.
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The Deal: Why Everyone’s Watching Vanderbilt

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What does it take to fit in as a coach at Vanderbilt University? On this week’s episode of The Deal, Alex Rodriguez and Jason Kelly sit down with Candice Storey Lee, the the athletics director there, to find out what she looks for when interviewing candidates. Tune in wherever you get your podcasts
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Has Record-High US Debt Changed the Bond Market Equation? | Presented by CME Group

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The US national debt has crossed $40 trillion just as rising long-term rates drive record debt-servicing costs. With recent Treasury measures failing to produce a lasting decline in yields, is the bond market signaling that the equation has fundamentally changed? Presented by @cmegroup

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