Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

ING acquires additional stake in Van Lanschot Kempen

ING has announced an agreement with Reggeborgh Groep B.V. to acquire a 17.6% stake in Van Lanschot Kempen N.V., a wealth management firm primarily operating in the Netherlands and Belgium.


Banking & Financial Services

Siemens highlights sustainable tech innovations at ISH 2025

Siemens is set to present its latest advancements in building technology at the ISH 2025 event.


Banking & Financial Services

Graystone Consulting honored as top investment consultant by Coalition Greenwich

Graystone Consulting, a division of Morgan Stanley, has been recognized by Crisil Coalition Greenwich as one of the top three firms for Best Investment Consultant, Service & Investment Counseling among large investment consultants for...


Banking & Financial Services

World Bank grants $7 million to bolster Tuvalu's climate resilience

The World Bank has announced a commitment of $7 million in grants to enhance Tuvalu's management and resilience against climate-related disasters.


Banking & Financial Services

ANZ-Indeed Australian job ads drop 1.4% in February, regional disparities emerge

ANZ-Indeed Australian Job Ads saw a slight decline of 1.4% in February month on month, following a revised increase of 1.3% in January.


Banking & Financial Services

ING announces €70 million share buyback for employee compensation

ING has announced the initiation of a share repurchase program aimed at acquiring ordinary shares of ING Groep N.V. The maximum total amount allocated for this repurchase is €70 million.


Banking & Financial Services

UOB commits $30 million for Southeast Asian student support on its 90th anniversary

UOB has announced a significant initiative to mark its 90th anniversary by pledging $30 million to support educational programs for disadvantaged students across Southeast Asia.


Banking & Financial Services

World Bank denies allegations of missing $41 billion in climate financing

The World Bank addressed recent claims suggesting that a significant sum of its climate finance funds, ranging between $24 and $41 billion, was not properly tracked or misplaced.


Banking & Financial Services

U.S. tariff impacts: Economic growth dampened amid ongoing uncertainties

The economic effects of tariffs, particularly those imposed by the United States, have been a subject of extensive analysis and debate.


Banking & Financial Services

GCC poised for strong economic performance amid global slowdown

Standard Chartered has released its Global Market Outlook for 2025, predicting that the Gulf Cooperation Council (GCC) will continue to demonstrate economic resilience despite global uncertainties.


Banking & Financial Services

KfW signs EUR 150M deal with Cape Town for electricity grid modernization

Global and European cooperation has become crucial in addressing the growing polarization and fragmentation in today's world.


Banking & Financial Services

Caribbean initiatives blend conservation with economic growth

Local beekeepers in the buffer zones of Sierra de Bahoruco National Park, Dominican Republic, have turned conservation into a successful business.


Banking & Financial Services

SLGI Asset Management to close certain mutual fund series

SLGI Asset Management Inc. has announced the closure of certain mutual fund series, referred to as the "Terminating Series."


Banking & Financial Services

World Bank proposes strategies for boosting South African economy

The World Bank has released a new report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions."


Banking & Financial Services

World Bank backs new $22M project to boost Suriname's disaster resilience

Suriname has embarked on a significant development initiative with the World Bank, marking an important milestone in their collaborative efforts.


Banking & Financial Services

Central Bank Research Association seeks papers on climate-related financial risks

The Central Bank Research Association (CEBRA) has issued a call for papers for its 2025 Annual Meeting.


Banking & Financial Services

World Bank funds $156M project to improve Guyana's road infrastructure

The World Bank has approved a $156 million project aimed at improving Guyana's road infrastructure.


Banking & Financial Services

World Bank urges India to speed up reforms for high-income status by 2047

A World Bank report released today emphasizes the need for India to implement accelerated reforms to achieve high-income status by 2047.


Banking & Financial Services

World Bank proposes strategies for job creation in South Africa

A new report from the World Bank, titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions," outlines strategies to stimulate job creation and inclusive growth in South Africa.


Banking & Financial Services

Hafeet Rail secures $1.5B financing for UAE-Oman rail link

The Hafeet Rail network project, connecting the UAE with the Port of Sohar in Oman, has secured USD 1.5 billion in project finance debt.