Banking & Financial Services News
Standard Chartered launches sports investment fund for high-net-worth clients
Standard Chartered has introduced a new fund focused on the sports investment sector, directed at its ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients through its Global Private Bank.
By Globe Banner | Apr 14, 2025
Australians to spend $6 billion during Easter and ANZAC Day period, ANZ forecasts
Customers are anticipated to spend over $6 billion during the upcoming Easter, School Holidays, and ANZAC Day period, according to ANZ.
By Globe Banner | Apr 14, 2025
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NTU Singapore receives S$110M gift to fund new educational initiatives
By Globe Banner | Apr 14, 2025
UOB and the Wee Foundation have collectively pledged S$110 million to Nanyang Technological University, Singapore (NTU), a donation that will be matched by the government to form a S$275 million endowment.
E*TRADE unveils zero-fee index mutual funds for eligible clients
By Globe Banner | Apr 14, 2025
E*TRADE from Morgan Stanley has unveiled a new range of index mutual funds with no management fees.
Morgan Stanley closes co-investment fund at $2.3 billion hard cap
By Globe Banner | Apr 14, 2025
Morgan Stanley Investment Management announced the final close of its North Haven Private Equity Co-Investment Opportunities Fund III LP (PECO III), which reached its hard cap with approximately $2.3 billion in total commitments.
World Bank approves $1.5 billion aid to support Argentina's economic reforms
By Globe Banner | Apr 11, 2025
The World Bank Group has given approval for US$1.5 billion in financing directed at Argentina to advance policy measures promoting private sector-driven growth and job creation, with a focus on safeguarding vulnerable populations.
Australia faces new challenges as U.S.-China trade conflict escalates
By Globe Banner | Apr 11, 2025
The latest developments in the U.S.-China trade relationship are set to pose new challenges for Australian food and agriculture exports.
World Bank Group announces $12 billion initiative for Argentina's economic reform
By Globe Banner | Apr 11, 2025
The World Bank Group has unveiled a US$12 billion support package for Argentina as part of the country's economic reform efforts.
Morgan Stanley to discuss Q1 2025 results on April 11
By Globe Banner | Apr 11, 2025
Morgan Stanley will host a conference call to discuss its first quarter 2025 results on April 11, 2025, at 9:30 a.m. (ET).
St. Vincent and the Grenadines boosts disaster resilience with $20 million World Bank aid
By Globe Banner | Apr 10, 2025
St. Vincent and the Grenadines has secured $20 million in financial support from the World Bank Group to enhance its disaster resilience capabilities.
North Macedonia's care economy transforms lives with new jobs and services
By Globe Banner | Apr 10, 2025
Roza Mihajloska finds joy and companionship in her caregiver, Cvetanka Risteska, who provides essential care while fostering independence in daily life.
Zambia enhances its conservation efforts with updated wildlife and protected areas accounts
By Globe Banner | Apr 10, 2025
Zambia, with its diverse ecosystems and vast protected areas, remains a key hub for conservation in Africa.
Forbes names ING among best banks for the second year running
By Globe Banner | Apr 10, 2025
The recognition of ING as one of the best banks in the world comes after a comprehensive survey conducted among over 50,000 participants across 34 countries.
ANZ warns businesses about increasing email and invoice scams
By Globe Banner | Apr 10, 2025
ANZ has advised its customers to stay vigilant against business email compromise (BEC) and fake invoice scams.
World Bank approves $30M loan to boost disaster preparedness in Barbados
By Globe Banner | Apr 10, 2025
The World Bank Group has approved a $30 million loan for Barbados to enhance its disaster risk management capabilities.
World Bank supports Saint Lucia in disaster risk management with US$20 million project
By Globe Banner | Apr 10, 2025
The Board of Executive Directors of the World Bank Group has given the green light to a new project designed to assist Saint Lucia in accessing financial resources quickly during emergencies.
William Connelly to become Chairman of Societe Generale in 2026
By Globe Banner | Apr 10, 2025
Societe Generale has announced the appointment of William Connelly as its future Chairman of the Board of Directors.
Standard Chartered and OKX unveil collateral programme using cryptocurrency
By Globe Banner | Apr 10, 2025
Standard Chartered and OKX have launched a new collateral mirroring programme, allowing institutional clients to use cryptocurrencies and tokenised money market funds as off-exchange collateral for trading.
Sahel countries push for massive irrigation efforts under new Dakar declaration
By Globe Banner | Apr 9, 2025
The governments of Burkina Faso, Mali, Mauritania, Niger, Senegal, and Chad convened in Dakar for the Dakar+10 Forum, marking the tenth anniversary of the Declaration on Irrigation in the Sahel.
Nations make strides to ensure water security in MENA region
By Globe Banner | Apr 9, 2025
In addressing a severe and growing water crisis, nations in the Middle East and North Africa (MENA) are implementing significant measures to secure future water availability.