EconomyPolicy

Federal Regulators Reverse Climate Risk Mandate for Major Banks

Federal banking agencies have eliminated climate risk planning mandates for major financial institutions. The policy reversal reflects ongoing debates about regulatory scope and financial risk management approaches.

Federal Banking Regulators Rescind Climate Planning Mandate

Federal regulators have reportedly withdrawn requirements that the nation’s largest financial institutions incorporate climate risk considerations into their long-term planning frameworks. According to reports, the Federal Reserve and Federal Deposit Insurance Corporation announced the policy reversal Thursday, eliminating guidance originally established during the Biden administration.

EntertainmentFinance

Goldman Sachs Expands Infrastructure Financing Division to Capitalize on AI Data Center Demand

Goldman Sachs is reportedly establishing a dedicated infrastructure financing team to expand its involvement in the rapidly growing AI sector. The Wall Street giant aims to increase lending for data centers and related projects while finding investors for the associated debt. This strategic move positions the bank to capture more value from the artificial intelligence infrastructure boom.

Goldman Sachs Targets AI Infrastructure Financing Market

Goldman Sachs is reportedly expanding its presence in the competitive infrastructure financing sector, with particular focus on data centers and other projects supporting artificial intelligence development, according to sources familiar with the matter. The Wall Street giant is creating a specialized team within its global banking and markets division that will concentrate on infrastructure financing worldwide.