ECB units deadlines for banks to take care of local weather dangers.
The ECB has set institution-specific deadlines for attaining full alignment with its expectations by the top of 2024.
https://www.bankingsupervision.europa.eu/press/pr/date/2022/html/ssm.pr221102~2f7070c567.en.html
What do you guys make of this, is that this going to maneuver to the US as properly? Or has it already, are banks anticipated to divest on account of “local weather dangers”?