Learn more

By Lars Mucklejohn Cambridge University is reportedly considering ending its more than 200-year relationship with Barclays due to the bank’s financing of fossil fuels. Following demands from students and staff for a greener lender, the university is looking to switch to a bank with robust climate policies to manage “several hundred million pounds” in cash and money market funds, according to the Financial Times. A new bank’s mandate would likely cover more than £200m in assets and earn some £10m in fees per year, two unnamed sources told the newspaper. Cambridge said it was “exploring opportun…

cuu