Saijel Kishan

Wall Street sign inscription as seen with the American flag in the background on the road and buildings of Wall St.

Texas asks Wall Street firms for details about DEI efforts

By Bloomberg and Saijel Kishan

NEW YORK, NEW YORK – DECEMBER 04: Bill Ackman, CEO and portfolio manager at Pershing Square Capital Management, attends the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. The NYT summit with Andrew Ross Sorkin returns with interviews on the main stage including Sam Altman, co-founder and C.E.O. of OpenAI, Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, former U.S. President Bill Clinton and Prince Harry, The Duke of Sussex, among others. The discussions will touch on topics such as business, politics and culture. (Photo by Michael M. Santiago/Getty Images)

Ackman foundation’s X stake lost more than half its value in ’23

By Saijel Kishan, Annie Massa, and others

Artificial intelligence and Automated machine learning language blue digital user interface with businessman hand background. Cybersecurity computer vision metaverse twin drive business industrial.

ESG fund managers who bet big on tech are worried about blowback from ‘AI systems going rogue’—and talking about a ‘kill switch’

By Gautam Naik, Saijel Kishan, and others

Group of people sitting at a conference table having meeting and talking.

Hedge funds are using ChatGPT to do all their mundane grunt work usually relegated to junior staffers

By Justina Lee, Saijel Kishan, and others

WASHINGTON DC – JUNE 9: Labor Secretary Eugene Scalia testifies before a Senate Finance Committee hearing on COVID-19/Unemployment Insurance on Capitol Hill in Washington on Tuesday, June 9, 2020. (Pool photo by Caroline Brehman-Pool/Getty Images)

3 New York City pension funds are being sued for divesting from fossil fuels as Republican politicians take aim at anti-ESG investing

By Saijel Kishan, Martin Z. Braun, and others

Kristi Noem

Republican governors tout green bona fides even as ESG becomes politically toxic as ‘woke’ climate change virtue signaling

By Saijel Kishan and Bloomberg

Abortion rights activist

Faith-based investors are left in a bind after companies from Apple to Tesla pledge to cover abortion travel costs for employees

By Saijel Kishan and Bloomberg

AUSTIN, TEXAS – MARCH 15: Mark Zuckerberg, via video, speaks at Into the Metaverse: Creators, Commerce and Connection during the 2022 SXSW Conference and Festivals at Austin Convention Center on March 15, 2022 in Austin, Texas. (Photo by Samantha Burkardt/Getty Images for SXSW)

Is the metaverse good for society? Meta shareholders will get to weigh in after the Facebook owner loses a bid to stop the vote

By Jeff Green, Saijel Kishan, and others

NEW YORK, NEW YORK – FEBRUARY 28: Father Philip Larrey, Vatican, Dean of Philosophy, Pontifical Lateran University, Vatican City – Chairman of Humanity 2.0 speaks as Humanity 2.0 Foundation and International WELL Building Institute present Putting “H” (Humanity & Health) Into ESG at NASDAQ MarketSite on February 28, 2022 in New York City. (Photo by Eugene Gologursky/Getty Images for Humanity 2.0 Foundation )

‘It’s a whirligig’: ESG pioneer expects shakeout for funds hyped by ‘fairy dust’

By Saijel Kishan and Bloomberg

SAN FRANCISCO, CALIFORNIA – JULY 14: A pedestrian walks by a Citibank branch office on July 14, 2021 in San Francisco, California. Citibank reported better than expected second-quarter earnings with revenue of $17.47 billion. (Photo by Justin Sullivan/Getty Images)

Citi will be the first Wall Street bank to agree to a racial audit

By Jenny Surane, Saijel Kishan, and others

NEW YORK, NEW YORK – MARCH 29: A Credit Suisse sign hangs outside of it’s Manhattan offices on March 29, 2021 in New York City. Major global banks, including Credit Suisse, are preparing to be hit with billions of dollars in losses after after the US hedge fund Archegos Capital defaulted on margin calls last week. (Photo by Spencer Platt/Getty Images)

Slammed by ‘significant’ Archegos losses, Credit Suisse shakes up its executive ranks

By Jan-Henrik Förster, Patrick Winters, and others