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Morgan Stanley (MS), Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), and Wells Fargo (WFC) are among the major banks that left the Net Zero Banking Alliance (NZBA).
Yahoo Finance's Banking Reporter David Hollerith joins Asking for a Trend with Josh Lipton to break down what it means for the banking sector heading into a second Trump administration.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Naomi Buchanan.