Posted on Sep 29, 2022
Major U.S. banks will participate in climate scenario exercise
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Responses: 2
PO1 William "Chip" Nagel
"Which banks are participating in the Fed’s 2023 pilot climate scenario analysis exercise?
The Federal Reserve announced Thursday that six of the nation’s largest banks would participate in a pilot climate scenario analysis exercise in 2023. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo will undergo the exercise, which the Fed said will not have capital or supervisory consequences."
"Which banks are participating in the Fed’s 2023 pilot climate scenario analysis exercise?
The Federal Reserve announced Thursday that six of the nation’s largest banks would participate in a pilot climate scenario analysis exercise in 2023. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo will undergo the exercise, which the Fed said will not have capital or supervisory consequences."
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