Deutsche Bank Hits Pause on Oil Restrictions, Citing Legal Risks

Deutsche Bank Hits Pause on Oil Restrictions, Citing Legal Risks

Deutsche Bank AG won’t move ahead with a plan to add restrictions on financing oil and gas, as it assesses the legal risks of doing so, according to its chief executive.

Deutsche Bank Hits Pause on New Oil Curbs, Citing Legal Risk

The finance industry is navigating a world in which banks and asset managers suspected of boycotting fossil fuels face legal retaliation in the Unites Stat...

Deutsche Bank Hits Pause on New Oil Curbs, Citing Legal Risk - Energy News, Top Headlines, Commentaries, Features & Events

By Arno Schuetze Deutsche Bank AG won’t move ahead with a plan to add restrictions on financing oil and gas, as it assesses the legal risks of doing so, according to its chief executive. “The legal environment has changed, and we are currently analysing this in detail in order to minimise potential risks for the ...