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Spotlight shifts to Natixis, SG on Ecuador oil finance as banks pull out

Ecuador Amazon oil lake pollution 2004 from PA 28Jan21 575x375

In a rare sign that environmental campaigners are having an impact on the financial industry, the burden of financing the Ecuadorian Amazon oil trade has shifted between banks in the past six months. But it is clear the banking industry is supporting the trade in more ways than have yet been uncovered.

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