Bloomberg Morgan Stanley said it plans to eliminate the net carbon emissions generated by its financing activities within 30 years. The announcement came two months after the bank announced it would join the Partnership for Carbon Accounting Financials and start reporting the emissions resulting from its lending and investments. Morgan Stanley said in a statement that it will provide resources, ...

Bloomberg Staff at Danske Bank face a serious erosion of morale that could hit the lender’s business amid a string of scandals and the prospect of deep job cuts. “The average employee is just tired of all this,” said Kirsten Ebbe Brich, Danske employees’ representative on the bank’s supervisory board. It’s “affecting employee engagement and pride, their sense of connectedness ...

Bloomberg European stocks rebounded and US equity futures stabilised following Monday’s declines as tech shares once again led gains. The dollar extended its biggest daily advance in three months. Technology and auto shares including ASM International NV and United Internet AG led increases across European markets. Contracts on the S&P 500 and Nasdaq 100 indexes traded little changed following the ...