Banking & Financial Services News
Fed faces challenges as treasury yields rise despite rate cuts
The Federal Reserve's recent interest rate cuts have not led to the expected decrease in longer-term Treasury yields, posing a challenge for Fed Chair Jerome Powell.
By Globe Banner | Nov 16, 2024
Standard Chartered responds to favorable US court ruling
London – Standard Chartered has responded to a recent court ruling in its favor regarding a US civil litigation case.
By Globe Banner | Nov 16, 2024
Latest News
ANZ partners with CitoPlus for streamlined SME loan applications
By Globe Banner | Nov 15, 2024
ANZ and CitoPlus have announced a strategic partnership facilitated by ANZ's external innovation partner, 1835i.
ANZ warns shoppers about online scams ahead of Black Friday sales
By Globe Banner | Nov 15, 2024
November marks the beginning of a significant spending period for Australian consumers, with many opting to complete their Christmas shopping during the Black Friday and Cyber Monday sales.
Morgan Stanley announces regular dividends on various preferred stock series
By Globe Banner | Nov 15, 2024
Morgan Stanley has announced the declaration of regular dividends on its outstanding shares of preferred stock.
FSB Europe discusses private credit growth amid rising global vulnerabilities
By Globe Banner | Nov 15, 2024
The Financial Stability Board (FSB) Regional Consultative Group for Europe convened in Munich, Germany on November 14 and 15.
Siemens partners with Enemalta for digital transformation of Maltese grid
By Globe Banner | Nov 15, 2024
Enemalta, Malta's primary energy services provider, is taking steps to modernize its national electricity distribution grid in collaboration with Siemens.
Nordea appoints Per Långsved as new CEO of Life & Pension
By Globe Banner | Nov 14, 2024
Per Långsved, who currently serves as the Head of Personal Banking Sweden, has been appointed CEO of Nordea Life & Pension.
German venture capital investor sentiment improves but exit challenges persist
By Globe Banner | Nov 14, 2024
Sentiment among venture capital investors in Germany has shown significant improvement in the third quarter of 2024.
German private equity market sentiment hits four-year low
By Globe Banner | Nov 14, 2024
Sentiment in the German private equity market has significantly deteriorated for the second consecutive quarter.
ANZ highlights efforts against scams with new video series
By Globe Banner | Nov 14, 2024
ANZ has unveiled a video series showcasing the work of its Scam Assist team, which focuses on combating scam threats and assisting customers.
Siemens reports record profits; outlines future growth strategies
By Globe Banner | Nov 14, 2024
Siemens AG has concluded its fiscal year 2024 with record profits, according to statements from company executives.
Sun Life commits additional funds towards combating type 2 diabetes
By Globe Banner | Nov 14, 2024
Sun Life has announced an additional commitment of $1.53 million to combat diabetes, marking World Diabetes Day with a focus on partnerships aimed at addressing the rising rates of type 2 diabetes.
Sriroj maintains lead as Fubon Senior Open heads into final round
By Globe Banner | Nov 14, 2024
Thammanoon Sriroj and Prayad Marksaeng, both seasoned golfers from Thailand, have maintained their lead after the second round of the 2024 Fubon Senior Open.
Siemens reports strong FY24 results; eyes continued growth amid economic uncertainties
By Globe Banner | Nov 14, 2024
Siemens AG has reported a successful fiscal year 2024, achieving record profits and maintaining its strategic focus.
Prudential partners with Icon Cancer Centre for expanded healthcare services
By Globe Banner | Nov 14, 2024
Prudential plc has announced a partnership with Icon Cancer Centre Singapore, expanding its healthcare network to offer cashless outpatient cancer treatment for customers in Singapore and Indonesia.
Barclays launches index analyzing UK business performance and growth potential
By Globe Banner | Nov 13, 2024
Barclays has introduced the Business Prosperity Index, a new quarterly analysis aimed at assessing business performance and identifying growth opportunities in the UK.
Macquarie sells AGS Airports to AviAlliance for £1.53 billion
By Globe Banner | Nov 13, 2024
Macquarie Asset Management and Ferrovial have announced the sale of AGS Airports to AviAlliance.
Benin's Azôli program empowers youth through job training at Glo-Djigbé Industrial Zone
By Globe Banner | Nov 13, 2024
The Glo-Djigbé Industrial Zone (GDIZ) in Benin is bustling with activity as young people, like Carine Judith Aboua, engage in garment manufacturing.
World Bank updates diagnostic report outlining growth strategies for Croatia
By Globe Banner | Nov 13, 2024
The World Bank Group has released the 2024 update of the Croatia Systematic Country Diagnostic (SCD), building on the initial edition from 2018.