It was a running joke in the late 1990s at Goldman Sachs that its well-to-do clients would call the investment bank to learn the predictions of the firm’s economists, only to commit capital to outcome...
Tag: Mark Carney
HSBC Bank Exec Who Downplayed Climate Change Quits—Blames ‘Cancel Culture’
Topline An HSBC senior executive who was suspended after he publicly downplayed climate change and said the risk it poses to the market had been greatly exaggerated announced Thursday he resigned from...
Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks t...
The Revenge Of The Fossil Fuels
An Engraving of a Locomotive Engine ‘The Rocket’ built by George Stephenson circa 1830. (Photo by … [+] Fotosearch/Getty Images) Getty Images ExxonMobilXOM Corp. shares rallied to a ...
HSBC Executive’s Incendiary Climate Comments
The HSBC building is seen at Canary Wharf March 1, 2004 in London, England. The London-based bank, … [+] which operates in 79 countries, gave an upbeat tone for the global economy, including its...