Banking & Financial Services News
Binance authorized by Uzbek regulator to provide services
Binance has received authorization from Uzbekistan's National Agency of Perspective Projects (NAPP) to offer its services in the country.
By Globe Banner | Jan 22, 2025
G20 reforms enhance resilience in RMBS and CLO markets: FSB report
The Financial Stability Board (FSB) has released its final report evaluating the impact of G20 financial regulatory reforms on securitisation markets.
By Globe Banner | Jan 22, 2025
Latest News
World Bank pledges $200 million aid for Sri Lankan development initiatives
By Globe Banner | Jan 22, 2025
World Bank Vice President for South Asia, Martin Raiser, completed a two-day visit to Sri Lanka on January 22, 2025.
Kyle S. Hauptman named new chairman of NCUA board
By Globe Banner | Jan 22, 2025
President Donald J. Trump has appointed Kyle S. Hauptman as the new Chairman of the National Credit Union Administration (NCUA) Board.
Morgan Stanley launches futures company in China with CSRC approval
By Globe Banner | Jan 22, 2025
Morgan Stanley has announced the official launch of its futures company in China.
Binance CEO at World Economic Forum: 'More are keen to embrace crypto and digital assets'
By Globe Banner | Jan 21, 2025
Binance CEO Richard Teng has observed an increasing acceptance of cryptocurrency among global and business leaders, as demonstrated by his experience at the 2025 World Economic Forum Annual Meeting.
World Bank supports Armenian job creation with new five-year partnership
By Globe Banner | Jan 21, 2025
The World Bank Group's Board of Executive Directors has approved a new five-year Country Partnership Framework (CPF) for Armenia.
Solar power transforms healthcare at rural centers in Madagascar
By Globe Banner | Jan 21, 2025
The Mateliona Betafo basic health center in Madagascar has undergone a significant transformation with the installation of solar kits, ending years of operating without electricity.
Standard Chartered launches SC PrismFX for global transactional foreign exchange needs
By Globe Banner | Jan 21, 2025
Standard Chartered has launched SC PrismFX, a new transactional foreign exchange solutions suite designed to meet the needs of its global clients.
Investor optimism holds steady despite administration change
By Globe Banner | Jan 21, 2025
Morgan Stanley Wealth Management has released the findings of its latest quarterly retail investor pulse survey.
ING progresses in €2 billion share buyback initiative
By Globe Banner | Jan 21, 2025
ING has announced the progress of its €2.0 billion share buyback programme, which was initially disclosed on October 31, 2024.
Ukraine rebuilds rail network amid ongoing conflict
By Globe Banner | Jan 21, 2025
Ukrainian Railways, known as Ukrzaliznytsia, has played a crucial role in the country's economy since the onset of the conflict with Russia in February 2022.
Torch Clean Energy partners with Morgan Stanley Infrastructure for expansion
By Globe Banner | Jan 21, 2025
Morgan Stanley Infrastructure Partners (MSIP) and Torch Clean Energy have announced a strategic partnership aimed at expanding and transitioning the Torch platform.
Barclays appoints Paul Johnson as head of equities for Asia Pacific
By Globe Banner | Jan 20, 2025
Barclays has announced the appointment of Paul Johnson as Head of Equities for the Asia Pacific region.
Standard Chartered launches global campaign targeting affluent clients
By Globe Banner | Jan 20, 2025
Standard Chartered has launched a new global wealth campaign targeting affluent clients.
World Bank supports expanded power transmission between Zambia and Tanzania
By Globe Banner | Jan 20, 2025
A World Bank-backed initiative, the Zambia-Tanzania Interconnector Project (ZTIP), is set to provide Zambia with enhanced access to sustainable and affordable energy.
German business founders' use of 'start-up' term examined
By Globe Banner | Jan 20, 2025
In Germany, a significant number of business founders describe their ventures as start-ups, with 27% of them using this term for their businesses.
Impact of U.S. tariffs and German elections on Europe's economic outlook
By Globe Banner | Jan 17, 2025
The tariffs proposed by U.S. President-elect Donald Trump on the European Union are anticipated to impact the eurozone's economic growth, according to RBC Global Asset Management Inc. Chief Economist Eric Lascelles.
BMO pledges $3 million for L.A. wildfire relief efforts
By Globe Banner | Jan 17, 2025
BMO has announced a $3 million pledge to support wildfire relief, recovery, and rebuilding efforts in the Los Angeles area.
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AIMA addresses banking hurdles faced by crypto hedge funds
By Globe Banner | Jan 16, 2025
The Alternative Investment Management Association (AIMA) has issued a call to address the banking challenges faced by crypto-focused hedge fund managers.