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July 07, 2016

New York Times: Deutsche Bank Pulls Back from Deals in the Coal Mining Sector

Pressured by environmentalists and worried about big losses from a troubled industry, many large banks and other lenders have made a hasty retreat from coal mining in recent years.

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Once a precious and sought-after resource, coal has fallen on hard times. Earlier this year, environmental groups like the Rainforest Action Network faulted Deutsche Bank for not going far enough in shunning coal. (Read full article here)

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