FILE ON MORGAN STANLEYCompany

Morgan Stanley

the 2024–25 exodus. JPMorgan, Morgan Stanley and major US banks exited GFANZ.

8 SOURCES · 2 DOCUMENTED FACTS · OPENED 2026-07-23 · UPDATED 2026-07-23
On the record see profile →

the 2024–25 exodus

JPMorgan, Morgan Stanley and major US banks exited GFANZ

Timeline see standalone →
2025
2 Jan 2025
Morgan Stanley exit NZBA
receipt ↗ · source ↗
2022
2022-10
Antitrust investigation
receipt ↗ · source ↗
2024
2024–2025
Exits from GFANZ
receipt ↗ · source ↗
2024–2025
US banks withdraw from Net-Zero Banking Alliance
receipt ↗ · source ↗
2024–2025
Net-Zero Banking Alliance abandoned by major US banks
receipt ↗ · source ↗
31 December 2024
GFANZ dropped its Paris-alignment requirement
receipt ↗ · source ↗
late 2024 and early 2025
US banks withdrawal from Net-Zero Banking Alliance
source ↗
Undated
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exits of Goldman Sachs, Wells Fargo, Bank of America, Citigroup, Morgan Stanley, and JPMorgan Chase
receipt ↗ · source ↗