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JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott'

Summary by Ground News
Kentucky on Tuesday warned 11 major financial companies, including Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and BlackRock Inc (BLK.N), of potential divestment over their "boycott" of energy companies.
Published 3 months ago

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ReutersReuters

JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott'

Kentucky on Tuesday warned 11 major financial companies, including Citigroup Inc , JPMorgan Chase & Co and BlackRock Inc , of potential divestment over their "boycott" of energy companies.

3 months ago·United Kingdom
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Washington TimesWashington Times

Kentucky fires warning shot at finance firms BlackRock, JPMorgan to drop ‘energy company boycotts’

In 2022, red states divested nearly $4.3 billion in public funds from investment giant BlackRock alone, which was one of the 11 firms placed on the Kentucky treasurer's blacklist.

3 months ago·Washington, United States
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The HillThe Hill

Kentucky treasurer says 11 banks subject to divestment due to energy company ‘boycotts’

Kentucky State Treasurer Allison Ball threatened to divest from 11 banks that have “boycotted” energy companies in press release published Tuesday. The Kentucky General Assembly passed a bill last year that directed the state treasurer to annually publish a list of financial companies that engage in energy “boycotts.” According to the press release, banks who…

3 months ago·Washington, United States
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Washington ExaminerWashington Examiner

Kentucky compiles blacklist of banks that 'boycott' fossil fuels

Kentucky’s state treasurer has come up with a list of nearly a dozen financial firms it accuses of boycotting energy companies and warned that the state could divest from them in a matter of months.

3 months ago·Washington, United States
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OANOAN

JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott'

(Reuters) - Kentucky on Tuesday warned 11 major financial companies, including Citigroup Inc, JPMorgan Chase & Co and BlackRock Inc, of potential divestment over their "boycott" of energy companies. State government entities must notify the

3 months ago·San Diego, United States
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The Epoch TimesThe Epoch Times

Kentucky Lists BlackRock, JPMorgan Chase for Divestment Over 'Ideological' Energy Boycott

The State of Kentucky on Tuesday released a list of 11 financial companies that included BlackRock and JPMorgan ...

3 months ago·New York, United States
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