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Banking & Financial Services

World Bank debars Brazilian company HIDRALRICA for collusion in São Paulo project

The World Bank Group has announced the debarment of HIDRALRICA Distribução de Tubos e Conexões Eireli and its director, Ricardo Checa Hernandez, for 18 months.


Banking & Financial Services

International Women's Day 2025 celebrates women's contributions to economies

On International Women’s Day 2025, the focus is on recognizing the transformative potential of women and girls in economies and societies worldwide.


Banking & Financial Services

World Bank suggests reforms for stabilizing Zimbabwe's economy

The World Bank has released a new Zimbabwe Public Finance Review (PFR) aimed at supporting the government's efforts toward fiscal consolidation.


Banking & Financial Services

Fubon Financial recognized at The Asset Triple A Digital Awards 2025

Fubon Financial Holdings and its subsidiaries have been recognized for their advancements in digital financial services, receiving three awards at The Asset Triple A Digital Awards 2025.


Banking & Financial Services

KfW Capital launches EUR 200 million facility for impact venture capital funds

A new opportunity has emerged for impact venture capital (VC) funds in Germany and Europe with the introduction of the "Impact Facility" by KfW Capital.


Banking & Financial Services

Barclays urges action against decision paralysis hindering UK investments

Barclays has released new research highlighting the issue of decision paralysis among UK savers, which is delaying their entry into investing.


Banking & Financial Services

KfW predicts German GDP contraction amid economic stagnation

KfW Research has revised its forecast for Germany's economic performance in 2025, predicting a contraction of 0.2 percent in the country's gross domestic product (GDP).


Banking & Financial Services

World Bank stresses need for structural reforms in Madagascar's economy

Madagascar's economy is showing signs of recovery, but growth remains uneven and insufficient to significantly enhance living standards.


Banking & Financial Services

Standard Chartered adopts new sustainable trade finance principles from ICC

Standard Chartered has announced its adoption of the International Chamber of Commerce's (ICC) recently published Principles for Sustainable Trade Finance.


Banking & Financial Services

World Bank supports Iraq with $18.5M project to manage pollution

The World Bank has approved an $18.5 million project to assist Iraq in reducing environmental and health risks associated with Persistent Organic Pollutants (POPs) and other chemical pollution hotspots.


Banking & Financial Services

Macquarie Asset Management acquires controlling interest in Galehead Development

Macquarie Asset Management (MAM) has announced the acquisition of the remaining controlling interests in Galehead Development from Galehead Founders.


Banking & Financial Services

Report highlights gender equality challenges across Latin America

The Latin America and the Caribbean Country Gender Scorecards offer a detailed analysis of gender equality across 11 key areas.


Banking & Financial Services

World Bank reports on Madagascar's economic recovery amid ongoing challenges

The World Bank has released its Madagascar Economic Update, titled "Bridging the Productivity Divide," which provides an analysis of recent economic developments and a medium-term outlook for the country.


Banking & Financial Services

Consumer confidence rises as interest rate cut and employment boost sentiment

Consumer confidence in Australia has increased, climbing by 4.7 points last week to reach 89.8 points.


Banking & Financial Services

Binance CEO: Recognition from Hong Kong law enforcement 'highlights our commitment to combating virtual asset-related crimes'

Binance CEO Richard Teng said that the recognitions received from the Hong Kong Police Force highlight the company's commitment to combating crime and pursuing justice.



Banking & Financial Services

World Bank highlights early childhood development as key to Uganda's economic transformation

Economic activity in Uganda has shown resilience despite global challenges, with the economy maintaining a strong performance.


Banking & Financial Services

Societe Generale appoints Lubomira Rochet as executive vice president

Societe Generale has announced the appointment of Lubomira Rochet as Executive Vice President, overseeing Retail Banking activities in France, Private Banking and Insurance, and the Group's Chief Operating Office.


Banking & Financial Services

DentaQuest earns URAC accreditation reaffirming its commitment to quality dental care

DentaQuest, a part of Sun Life U.S., has announced that it has again achieved full URAC Dental Plan Accreditation.


Banking & Financial Services

World Bank highlights Uganda's economic growth amid global challenges

Economic activity in Uganda has shown resilience despite global challenges, with a World Bank report indicating a 6.1% growth in real GDP for the fiscal year 2023/2024, following a 5.3% increase the previous year.