09 Jun '12, 3pm

Sustainable banks exceed results of #TooBigToFail #banks #sb12con @csrwire @TriplePundit #impinv #socent @earth2017

Sustainable banks exceed results of #TooBigToFail #banks #sb12con @csrwire @TriplePundit #impinv #socent @earth2017

The Global Alliance for Banking on Values, in its new report, “Strong, Straightforward and Sustainable Banking ” concludes that sustainable banking can be more profitable and less risky. In this groundbreaking and insightful report covering the years 2007-2010, “too big to fail” institutions – which include well-known names like Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), and JP Morgan Chase & Co. (NYSE: JPM) – experienced higher risk, were less profitable, and had more leverage than sustainability-minded banks (which include smaller financial institutions from Canada to Germany to the U.S.)

Full article: http://www.triplepundit.com/2012/05/sustainability-focuse...

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