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Is the Greening of Financiers Leading to a Credit Squeeze in the Extractive Sector?


Lawyer Catherine Lyons
Area Corporate Finance and Securities, Environmental Law, Mining and Natural Resources


The New York Times recently reported that PNC Financial had joined a growing list of financiers in the United States that have “distanced themselves from coal companies involved in mountain top removal.”  The list already includes:  Bank of America, Citigroup, Morgan Stanley, JP Morgan Chase, Wells Fargo, Credit Suisse and others.

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