Bank investigating Stuart Kirk’s conference speech deriding flooding risks and climate warnings from UN and Bank of England
HSBC has suspended a senior banker after he controversially referred to climate crisis warnings as “unsubstantiated” and “shrill” during a conference speech that has since been denounced by the lender’s chief executive.
Stuart Kirk, who has been HSBC’s head of responsible investing since last July, will remain suspended until the bank completes an internal investigation into the matter.
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