A global banking group launched in 2021 to steer finance away from fossil fuels and toward clean energy, has paused its activities ahead of a vote that will decide the group’s future. The Net-Zero ...

The Net-Zero Banking Alliance looks set to axe all of its members in an attempt to shake off attacks from US Republicans. The United Nations-backed body has proposed transforming from a membership ...

The world’s biggest climate alliance for banks suspended its activities and proposed a vote on scrapping its current structure after hemorrhaging members across the globe. The Net-Zero Banking ...

A United Nations-backed alliance that called on banks to align their businesses with net-zero emissions has suspended activities, following the departure of numerous financial institutions from its ...

One of the world’s largest international climate bank alliances has paused its activities as members vote to transition the group into a new structure, following the abandonment of the group by a ...

The banking industry has rowed back on climate commitments. The global banking industry’s climate group will hold a vote on the future of its structure following a mass exodus of members. The Net-Zero ...

Earnings Per Share (EPS): Increased 22% to $3.23. Net Income: $2.4 billion, second highest quarter on record. Pre-Provision Pre-Tax Earnings (PPPT): $4 billion, up 13%. Return on Equity (ROE): ...

Bangladesh Bank's net profit surged by nearly 48% year-on-year to Tk22,600 crore in the 2024-25 fiscal year, driven by significant interest income from government lending and commercial bank liquidity ...

The UN-backed Net-Zero Banking Alliance's (NZBA) 100+ members will vote on whether it should continue to be a membership organisation, or transition to become a provider of frameworks that support ...

PETALING JAYA: Bank Islam Malaysia Bhd, which recorded a year-on-year (y-o-y) decline of 5.9% in net profit to RM253mil for the six months ended June 30, 2025 (1H25) is streamlining its operations by ...

The Net-Zero Banking Alliance (NZBA), an organisation dedicated to decarbonising global finance, may be facing defections by some large European Union (EU) banks with sizeable US exposures, according ...

UBS Group AG is the latest bank to announce it’s leaving the world’s biggest climate group for the industry, following a string of departures by Wall Street and UK banks. Following its annual review ...