Banking & Financial Services News
World Bank reviews iTEKAD social finance initiative supporting Malaysian microentrepreneurs
The iTEKAD initiative, introduced by Bank Negara Malaysia (BNM) in May 2020, is a social finance program designed to assist low-income microentrepreneurs in Malaysia.
By Globe Banner | Oct 18, 2025
World Bank introduces flexible financing tools under IDA21 for development aid
As global challenges intensify, the International Development Association (IDA) is introducing new options for donor contributions under its IDA21 initiative.
By Globe Banner | Oct 18, 2025
Latest News
Kazakhstan irrigation project adapts plans to protect nesting white storks
By Globe Banner | Oct 18, 2025
Every year, white storks return to their nests along the road between Mirzakent and Zhetisay in Kazakhstan, nesting atop old power line poles.
World Bank warns of looming slowdown despite strong growth forecast for South Asia
By Globe Banner | Oct 18, 2025
Growth in South Asia is expected to remain strong in 2025, with a projected rate of 6.6 percent, according to the World Bank’s latest South Asia Development Update.
Siemens partners with Airbus on decarbonizing U.S. and U.K. industrial sites
By Globe Banner | Oct 18, 2025
Siemens has entered into a partnership with Airbus to help decarbonize major industrial sites in the United States and the United Kingdom.
ANZ CEO Nuno Matos outlines new strategy focused on growth and customer experience
By Globe Banner | Oct 18, 2025
On October 13, 2025, Nuno Matos, Chief Executive Officer of Australia and New Zealand Banking Group (ANZ), discussed the bank’s updated strategy and vision in an interview with Alicia Muling, Senior Writer at bluenotes.
Morgan Stanley releases Q3 2025 agency MBS and housing market overview
By Globe Banner | Oct 18, 2025
The Mortgage & Securitized investment team at Morgan Stanley Investment Management has released an update on trends and developments in the Agency Mortgage-Backed Securities (MBS) and housing markets for the third quarter of 2025.
German venture capital funding falls sharply in third quarter but shows resilience
By Globe Banner | Oct 18, 2025
German start-ups raised approximately EUR 1.3 billion in the third quarter of 2025, a decrease of 47 percent compared to the previous quarter.
Municipal Bond Market Monitor reviews Q3 2025 trends
By Globe Banner | Oct 18, 2025
The Municipal Bond Market Monitor for the third quarter of 2025 offers an update on recent trends and developments in the municipal bond sector.
Eaton Vance Equity Global Team provides Q3 2025 equity market overview
By Globe Banner | Oct 18, 2025
The Eaton Vance Equity Global Team has released an overview of the current equity market landscape for the third quarter of 2025.
Morgan Stanley Investment Management shares insights on floating-rate loan market fundamentals
By Globe Banner | Oct 18, 2025
Insight from the Floating-Rate Loans Team at Morgan Stanley Investment Management (MSIM) has been published, providing an overview of loan market fundamentals and discussing the role of floating-rate loans within investment portfolios.
KfW IPEX-Bank and EDC finance new vessels for offshore wind industry
By Globe Banner | Oct 18, 2025
KfW IPEX-Bank and Export Development Canada (EDC) are providing financing for two new subsea rock installation vessels for CSL OWL SRI B.V., a marine contractor based in the Netherlands that specializes in subsea rock installation services.
Spanish hospital reduces costs by 35 percent using Siemens AI technology
By Globe Banner | Oct 18, 2025
San Juan de Dios Hospital in Seville, Spain, has reduced its operational costs by 35 percent after implementing Siemens Smart Infrastructure’s AI-based building platform.
Siemens Mobility to upgrade São Paulo rail network with advanced signaling technology
By Globe Banner | Oct 18, 2025
Siemens Mobility has announced it will modernize three lines of São Paulo’s transport network, marking the largest deployment of Automatic Train Operation (ATO) over European Train Control System (ETCS) technology in Latin America.
Howden Re discusses reinsurance trends at Nordic Reinsurance Days 2025
By Globe Banner | Oct 18, 2025
Howden Re hosted an event ahead of the 42nd annual Nordic Reinsurance Days in Copenhagen, bringing together clients and market participants for a discussion on current trends in the reinsurance sector.
Sun Life Global Investments partners with Picton Mahoney for new segregated fund offerings
By Globe Banner | Oct 18, 2025
Sun Life Global Investments has announced a partnership with Picton Mahoney Asset Management (PICTON Investments) to launch two new segregated funds: the Sun PICTON Income Fund and the Sun PICTON Balanced Fund.
Panel discusses new directions for Europe-Asia development cooperation
By Globe Banner | Oct 18, 2025
Development cooperation is taking on a central role as Europe seeks to redefine its partnership with Asia, according to a recent panel discussion in Berlin.
Howden Re’s Carrie Byler discusses US casualty reinsurance changes ahead of 1.1 renewals
By Globe Banner | Oct 18, 2025
Carrie Byler, Managing Director and Head of U.S. General Casualty at Howden Re, spoke with Intelligent Insurer about the evolving U.S. casualty reinsurance market ahead of the 1.1 renewals.
Australian job ads fall for third straight month as labor market eases
By Globe Banner | Oct 18, 2025
ANZ-Indeed Australian Job Ads dropped by 3.3 percent month-on-month in September, following a revised decline of 0.3 percent in August.
Australian consumer confidence falls after central bank holds interest rates
By Globe Banner | Oct 18, 2025
Consumer confidence in Australia declined last week following the Reserve Bank of Australia's (RBA) decision to keep the cash rate unchanged at 3.60 percent.