Today news
About the same in other media
10.11 - 18:43
09.11 - 19:21
ESG will create financial bubbles just like crypto, banking body CEO says
Reading now: 755
cnbc.comFinancial bubbles will form as investors scramble to make deals in the sustainability space, according to Tim Adams, the president and CEO of the Institute of International Finance.
Speaking during a panel at CNBC's Sustainable Future Forum on Thursday, Adams said it was inevitable that the current drive toward ESG (environmental, social and governance) would create assets that exceeded their fundamental value.
«There's always bubbles, it's a lesson of history. Anyone who thinks we won't have it is naïve,» he said.
«In times of great technological or economic transformation there's disruption, there's bubbles, we see it in the crypto markets now. We saw in the internet throughout the 1990s that all popped in March of 2000. And the weak
Read more on cnbc.comAbout this in other media
Bank of England says no Britcoin before 2025 fnlondon.com /3 years ago
Extensive Review of Crypto Vegas Bitcoin Casino cryptonews.com /3 years ago
Polkadot, Cardano and HUH Token: 4 Must-Know Tips For Investing In Cryptocurrency cryptonews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
