Latest News
Port Reform Toolkit releases third edition addressing digitalization and sustainability challenges
By Globe Banner | Aug 20, 2025
Ports are undergoing significant changes driven by shifts in the global economy, advances in technology, and environmental factors.
World Bank outlines sustainable development strategies for shipping industry
By Globe Banner | Aug 20, 2025
Maritime transport is a key component of global trade, with over 80 percent of goods moved by sea.
World Bank grants $4 million for Indigenous-led forest conservation in Costa Rica
By Globe Banner | Aug 20, 2025
The World Bank has approved a $4 million grant to Costa Rica aimed at increasing Indigenous Peoples' participation in forest conservation and improving their access to benefits from the Emission Reductions Program for Deforestation and Forest...
World Bank report highlights Zambia’s strategy for energy transition minerals
By Globe Banner | Aug 20, 2025
Zambia's economy expanded by 4% in 2024, despite facing drought and power shortages.
World Bank grants $15 million to strengthen Marshall Islands’ public financial management
By Globe Banner | Aug 20, 2025
The World Bank has approved a US$15 million grant to assist the Republic of the Marshall Islands in strengthening its management of public funds and developing local financial expertise.
World Bank marks 75 years of partnership with Türkiye focusing on infrastructure and sustainability
By Globe Banner | Aug 20, 2025
Over the past 75 years, the World Bank and Türkiye have partnered to support development in the country.
World Bank raises $5 billion through record-setting ten-year dollar bond
By Globe Banner | Aug 19, 2025
The World Bank has issued its first US dollar benchmark bond for the 2026 fiscal year, raising $5 billion through a 10-year bond maturing in August 2035.
Most American parents face increased financial stress but remain optimistic
By Globe Banner | Aug 19, 2025
Most American parents with children under 18 at home are experiencing heightened financial stress, according to the latest BMO Real Financial Progress Index.
Aviation reinsurance sector weighs impact after high-profile airline losses
By Globe Banner | Aug 19, 2025
The aviation reinsurance market is facing a period of uncertainty as renewal discussions for 2026 approach.
World Bank-backed program helps Ethiopian farmers restore soil health
By Globe Banner | Aug 19, 2025
Two years ago, Yohanis Tesfaye, a smallholder farmer from Oromia, Ethiopia, was struggling with declining soil fertility and crop yields.
ANZ expands role as naming partner at 2025 Brisbane Festival
By Globe Banner | Aug 18, 2025
ANZ has expanded its partnership with the Brisbane Festival, Queensland’s largest annual arts and cultural event, for 2025.
UOB Private Bank holds Next Gen Programme focused on AI at Oxford
By Globe Banner | Aug 18, 2025
UOB Private Bank recently completed its 2025 Next Gen Programme, which took place from August 3 to 9 in Oxford and London.
NCUA schedules September town hall seeking stakeholder input on strategic plan
By Globe Banner | Aug 18, 2025
The National Credit Union Administration (NCUA) announced it will hold a Strategic Plan Town Hall on Tuesday, September 9 at 2 p.m. Eastern.
Standard Chartered launches fourth sub-fund under VCC structure with PIMCO partnership
By Globe Banner | Aug 18, 2025
Standard Chartered has introduced a new multi-sector credit fund, Signature Select Global Income Plus, as part of its variable capital company (VCC) structure.
BMO launches Escape Credit Card with travel rewards and no foreign transaction fees
By Globe Banner | Aug 18, 2025
BMO has introduced the BMO Escape Credit Card with Mastercard, a travel rewards credit card aimed at helping travelers maximize their spending through a range of benefits and reward options.
Morgan Stanley announces quarterly dividends on multiple preferred stock series
By Globe Banner | Aug 15, 2025
Morgan Stanley has announced the declaration of regular dividends on several of its preferred stock series.
Standard Chartered addresses false claims in US Brutus litigation
By Globe Banner | Aug 15, 2025
Standard Chartered PLC has responded to recent media reports about the Brutus qui tam case in the United States, stating that the allegations against the bank are unfounded.
Sasha Wiggins appointed chair of new national retail investment campaign
By Globe Banner | Aug 14, 2025
Sasha Wiggins, Chief Executive of Private Bank and Wealth Management at Barclays, has been named Chair of the UK's new retail investment campaign.
Axis Capital names Matthew Kirk as next chief financial officer
By Globe Banner | Aug 14, 2025
Matthew Kirk will become the next Chief Financial Officer of AXIS Capital Holdings Limited, effective March 2026.
Swiss Re posts $2.6B profit for H1-2025 amid strong underwriting
By Globe Banner | Aug 14, 2025
Swiss Re has announced a net income of USD 2.6 billion for the first half of 2025, with a return on equity of 23.0%.