News Formal

Europe can lead the world in green finance, UBS chairman says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Europe has the chance to lead the world in developing capital markets for green finance, according to UBS Chairman Axel Weber.

, Weber said that while Europe will struggle to catch up to the size of U.S. capital markets, one area where U.S. companies and federal policy trails the continent is in sustainability.

Asked whether the European Commission was to blame for European companies' failure to maintain pace with transatlantic counterparts, Weber suggested that banks and market players had failed to gain the "dynamics and size of global capital markets that the U.S. has," adding that Europe will soon be surpassed by China on capital also.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney Plus is finally coming to the UK and Europe in March - Business InsiderDisney Plus will be coming to the UK, Ireland, France, Germany, Italy, Spain, Austria, and Switzerland on March 24. Wut? What have I been watching then?
Source: BusinessInsider - 🏆 729. / 51 Read more »