Wednesday, November 20, 2024
Climate change risks will affect U.S. bank capital in long-run - official- oil and gas 360

Climate change risks will affect U.S. bank capital in long-run – official

Reuters WASHINGTON – U.S. regulators will “eventually” have to factor climate change risks into bank capital rules, but it is still too soon to say when that would become necessary, a top official told Reuters. Acting Comptroller of the Currency Michael Hsu said in an interview that regulators were still exploring the best way to incorporate climate change risks such