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Morgan Stanley receives dual recognition at 2025 Celent Model Wealth Manager Awards
By Globe Banner | Jun 30, 2025
Morgan Stanley has announced that it has received two 2025 Celent Model Wealth Manager Awards for its technological innovations in wealth management.
Vasi Philomin joins Siemens to lead expansion of industrial AI solutions
By Globe Banner | Jun 30, 2025
Siemens has announced the appointment of Vasi Philomin as a key leader to expand its AI-powered offerings.
Rehabilitated roads benefit thousands in northern Guinea-Bissau
By Globe Banner | Jun 28, 2025
Approximately 30,000 residents in the northern regions of Oio and Cacheu in Guinea-Bissau are set to benefit from the newly rehabilitated Ingoré – Ponte Caur road and eight secondary roads.
Multilateral Development Banks commit to stronger joint action on global development priorities
By Globe Banner | Jun 28, 2025
The Heads of Multilateral Development Banks (MDBs) convened in Paris on June 28, 2025, under the auspices of the Council of Europe Development Bank (CEB), which chairs the Heads of MDBs Group.
World Bank introduces RIGHT+ framework for enhancing global education spaces
By Globe Banner | Jun 27, 2025
The World Bank's Education unit, in collaboration with the Global Facility for Disaster Reduction and Recovery’s Safer Schools Thematic Area, has developed the RIGHT+ framework to enhance physical learning environments (PLEs) in low- and...
Agencies issue exemption order on customer identification program requirements
By Globe Banner | Jun 27, 2025
The Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, and the National Credit Union Administration have issued an order granting an exemption from a requirement of the Customer Identification Program (CIP) Rule.
World Bank highlights Papua New Guinea's economic prospects with focus on agriculture
By Globe Banner | Jun 27, 2025
The World Bank has released its Papua New Guinea (PNG) Economic Update for June 2025, offering a detailed analysis of the nation's economic landscape.
UOB celebrates anniversaries with record-breaking projection show at Plaza 1
By Globe Banner | Jun 27, 2025
UOB is set to transform its Plaza 1 building into the world's tallest, brightest, and longest projection mapping canvas in celebration of its 90th anniversary and Singapore's 60th year of independence.
KfW Research warns US national debt may exceed expectations
By Globe Banner | Jun 27, 2025
The national debt of the United States could increase more significantly than previously anticipated if countermeasures are not implemented, according to a simulation by KfW Research.
Siemens unveils first North American battery-electric passenger locomotive
By Globe Banner | Jun 27, 2025
Siemens Mobility has announced the introduction of its new battery-electric passenger locomotive, the Charger B+AC, for the North American market.
Johannes Zutt named vice president for South Asia at World Bank
By Globe Banner | Jun 27, 2025
The World Bank has announced the appointment of Johannes Zutt as the new Vice President for the South Asia Region, effective July 1, 2025.
World Bank highlights rising extreme poverty due to conflict and instability
By Globe Banner | Jun 27, 2025
Conflict and instability are significantly impacting 39 global economies, exacerbating extreme poverty and hunger while hindering progress on development goals, as revealed by a comprehensive World Bank assessment.
KfW IPEX-Bank finances EUR 200 million loan for Turkish-Austrian trade
By Globe Banner | Jun 27, 2025
KfW IPEX-Bank has extended a EUR 200 million loan to Türk Eximbank, Türkiye's state export credit agency.
World Bank approves $50 million for education improvement in Sri Lanka
By Globe Banner | Jun 27, 2025
An additional financing package of $50 million has been approved by the World Bank to support education in Sri Lanka.
Understanding U.S. casualty exposure: Opportunities for global businesses
By Globe Banner | Jun 27, 2025
Wolfram-Ferdinand Schultz, Head of Casualty Treaty for Continental Europe at Howden Re, has provided insights into the complexities of U.S. casualty exposure for non-U.S. companies.
Gerard Florian to retire from ANZ after eight years
By Globe Banner | Jun 26, 2025
ANZ has announced the retirement of Gerard Florian, Group Executive Technology & Group Services, effective August 4, 2025.
Gabon's economy grows amid fiscal challenges; reforms needed for sustainable future
By Globe Banner | Jun 26, 2025
Gabon experienced a 2.9% economic growth in 2024, largely due to its oil sector and public works.
World Bank supports Peru's efforts to strengthen capital markets
By Globe Banner | Jun 26, 2025
Work on the Sustainable Financial Facility (SFF) in Peru has progressed through both broad and specific approaches, as World Bank staff collaborate with the government to enhance capital markets.
Global South Pillar targets food security challenges in Africa
By Globe Banner | Jun 26, 2025
The Global South Pillar of the PHRD’s Technical Assistance program aims to provide support to developing countries facing multidimensional crises.
World Bank advises Brazil on balancing fiscal policy with environmental goals
By Globe Banner | Jun 26, 2025
As Brazil faces budget constraints, a new World Bank report suggests policies to address fiscal and environmental challenges.