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Cash-flush Oil Industry Has Less Appetite For Debt

Demand for loans from the oil and gas industry fell by 6% last year as the industry managed to deleverage.

Exclusive-Citigroup Sees Loan Book Hit in Climate Action Ramp-Up, Document Shows

Exclusive-Citigroup Sees Loan Book Hit in Climate Action Ramp-Up, Document Shows
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Exclusive-Citigroup sees loan book hit in climate action ramp-up, document shows

By Isla Binnie, Tatiana Bautzer and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, according to a confidential analysis pre.

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