US Federal Reserve has acknowledged the climate change risk, bringing it in line with other central banks and global bodies.
Americas
Latest articles from Americas
Developed market banks ‘can withstand higher defaults’
December 10, 2020G-SIBs can afford core capital ratios to fall by 5 percentage points before eating into capital buffers, according to Capital Economics.
US banking M&A set for ‘big bounce’
December 1, 2020Surge in mergers and acquisitions could reduce number of banks in the US over next decade, according to report.
Why CEOs should review pay and career policies
November 30, 2020Business leaders need to ask hard questions and be part of the solution.
Top US firms fail 'social' ESG metrics, according to study
November 30, 2020Intel, Apple, Merck and Costco make ‘low positive impact’ in terms of regions they are based, according to Harvard Business School.
‘There's a letter missing in ESG’
November 27, 2020In the US, ESG is viewed as something that ‘nice people do', complains Calpers’ Anne Simpson.
Pandemic and political upheaval weigh on Peruvian banks
November 20, 2020Bad loans expected to show up on banks' balance sheets in 2021, according to S&P Global.
Colombia’s financial services industry thrives despite domestic tumult
November 18, 2020South American country has seen rise in interest from foreign lenders amid a challenging environment.
Biden victory ushers in tougher environment for US banks
November 16, 2020Higher taxes and tighter regulation may beckon as new administration shifts emphasis towards climate change and healthcare.
Easing emerging market instability amid Covid-19
November 2, 2020Equity interventions by governments, rather than large loans, could help prevent financial instability across Latin America.