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Banking & Financial Services

Alliance Credit Union of Florida placed into conservatorship by state regulator

Florida's Office of Financial Regulation has placed Alliance Credit Union of Florida into conservatorship, appointing the National Credit Union Administration (NCUA) as conservator.


Banking & Financial Services

World Bank report urges Armenia towards sustainable growth through effective climate action

Armenia is facing significant challenges related to climate change, according to the World Bank Group's Armenia Country Climate and Development Report (CCDR).


Banking & Financial Services

Hannover Re announces leadership change effective April 2025

Hannover Re has announced a leadership transition as Jean-Jacques Henchoz, the current Chief Executive Officer, will not extend his contract and is set to leave the Executive Board on March 31, 2025.


Banking & Financial Services

ANZ reports full-year profit decline amid Suncorp Bank acquisition impact

ANZ has reported a statutory profit after tax of $6,535 million for the year ending September 30, 2024.


Banking & Financial Services

KfW Entrepreneurs' Award honors innovative German startups with cash prizes

The KfW Entrepreneurs' Award, an annual event recognizing innovative companies across Germany, took place in Berlin.



Banking & Financial Services

Business climate improvement focus: New indicators complement existing evaluations

The 2024 CPIA Africa report emphasizes the importance of policies and institutions in fostering private sector development across the continent.


Banking & Financial Services

ANZ CEO discusses strong results amid acquisitions and platform advancements

On November 8, 2024, Shayne Elliott, Chief Executive Officer of ANZ, spoke with Brett Foley from bluenotes about the bank's performance and strategic initiatives.



Banking & Financial Services

Barclays outlines steps for UK government's clean hydrogen strategy

Barclays has outlined four key policy recommendations for the UK government to support the scaling of private finance in order to deliver a pragmatic approach to clean hydrogen.


Banking & Financial Services

KfW Capital honors top investors for gender diversity and impact initiatives

The KfW Capital Awards 2024 have announced their winners, recognizing significant contributions in the venture capital ecosystem.


Banking & Financial Services

Siemens unveils electronic e-starter with fast-switching semiconductor technology

Siemens has introduced a new fully electronic e-Starter, which utilizes semiconductor technology to enhance efficiency and reliability in industrial applications.


Banking & Financial Services

Barclays warns against rising purchase scams ahead of Black Friday sales

Barclays has issued a warning to Black Friday shoppers as purchase scams have been on the rise since 2021, with 72% of these scams originating from social media platforms.


Banking & Financial Services

Central African Republic strengthens healthcare with targeted free services

Awa Prisca spent a restless night as her infant daughter, Maléyombo Mariana, suffered from a fever.


Banking & Financial Services

Poland doubles contribution to World Bank fund supporting low-income nations

The Government of Poland has announced a significant increase in its contribution to the International Development Association (IDA), part of the World Bank.


Banking & Financial Services

World Bank grants $30M to tackle non-communicable diseases in Tonga

The World Bank has approved a grant to assist Tonga in tackling the increasing issue of non-communicable diseases, such as diabetes and heart disease.


Banking & Financial Services

World Bank highlights need for economic reforms amid Laos' unsustainable public debt

Economic growth in Laos has seen a slight improvement in 2024, but the country's public debt remains unsustainable, contributing to ongoing macroeconomic instability.


Banking & Financial Services

Progress reported despite suspension of COP 16 on biodiversity

The COP 16 on biodiversity, held in Cali, was suspended on November 2 after negotiations failed to reach a formal conclusion.


Banking & Financial Services

World Bank supports Brazilian family farmers with $1.6 billion initiative

The World Bank Board of Directors has approved a significant initiative, the Transforming Brazil’s Agrifood System program.


Banking & Financial Services

BMO lowers US dollar prime lending rate to 7.75 percent

BMO Financial Group has announced a reduction in its US dollar prime lending rate, which will decrease from 8.00 percent to 7.75 percent.