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Banks get ready for bad loans, losses at Berkshire Hathaway, BlackRock’s influence

FT News Briefing

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Navigating Climate Risks and Conflicts of Interest in Banking

This chapter explores the challenges the banking industry faces in managing climate risks, with a focus on BlackRock's dominant position. It discusses the potential conflicts of interest stemming from BlackRock's influence in policymaking and the need for stricter regulatory oversight amidst its rapid growth.

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