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Credit Suisse, BNP to Exit Amazon Oil Finance After Criticism

  • Activist groups had called out companies for double standards
  • Banks face increasing pressure from such groups on climate
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Photographer: Cristina Vega Rhor/AFP/Getty Images

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Credit Suisse Group AG, ING Groep NV and BNP Paribas SA will stop providing trade financing for oil exports from the Ecuadorian Amazon, after pressure from climate activists.