The Federal Reserve is ending its program that requires the largest U.S. banks to submit data for climate stress tests, Bloomberg’s Alastair Marsh and Katanga Johnson reports. According to the people familiar with the matter. JPMorgan (JPM), Goldman Sachs (GS), Citi (C), and three others won’t be asked to provide information for the Fed’s Climate Scenario Analysis Exercise. Other publicly traded companies in the space include Bank of America (BAC), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
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