Hong Kong Hosts Sustainable Finance Event, Bank of America’s Reversal on Coal Financing

Hong Kong plans a sustainable finance training event for Asian officials in June. Bank of America appears to renege on its pledge to not finance new coal projects. Plus, a finance worker falls victim to a deepfake scam, and a major Brazilian bank ceases financing for the local defense industry.

Sources:
https://www.scmp.com/business/article/3250792/hong-kong-host-sustainable-finance-training-event-asian-policymakers-regulators-and-finance
https://www.foxbusiness.com/energy/bank-america-renege-pledge-finance-coal-projects
https://www.cnn.com/2024/02/04/asia/deepfake-cfo-scam-hong-kong-intl-hnk/index.html
https://www.defensenews.com/industry/2024/02/02/major-brazilian-bank-ceases-financing-for-local-defense-industry/

Outline:
(00:00:00) Introduction
(00:00:44) Hong Kong plans sustainable finance training event for Asian officials in June
(00:03:27) Bank of America appears to renege on pledge to not finance new coal projects
(00:05:50) Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’
(00:08:17) Major Brazilian bank ceases financing for local defense industry