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Banking & Financial Services

Asian Development Bank and World Bank form new co-financing partnership

The Asian Development Bank (ADB) and the World Bank Group have entered into a new co-financing partnership, as announced by ADB President Masatsugu Asakawa and World Bank Group President Ajay Banga.


Banking & Financial Services

DentaQuest funds nonprofits for better children's oral health in Los Angeles

DentaQuest, a part of Sun Life U.S., has announced a donation of $45,000 to two nonprofit organizations in the Los Angeles area focused on improving oral health among school-age children.


Banking & Financial Services

Macquarie acquires majority stake in US utility services provider Dynagrid

Macquarie Asset Management has announced the acquisition of a majority stake in DynaGrid Holdings, LLC, a prominent US utility services provider.


Banking & Financial Services

Türkiye supports women's role in entrepreneurship with SEECO and SOGREEN projects

The Social Entrepreneurship, Empowerment, and Cohesion Project (SEECO) and the Socially Inclusive Green Transition Project (SOGREEN) are working to promote economic opportunities for women in Türkiye.


Banking & Financial Services

BMO introduces co-branded debit cards for LAFC and Angel City FC fans

BMO, in collaboration with Los Angeles Football Club (LAFC) and Angel City Football Club (ACFC), has launched two new fan cards: the BMO LAFC Debit Mastercard and the BMO Angel City FC Debit Mastercard.


Banking & Financial Services

World Bank launches AIM4Learning program in Comoros with $23 million investment

The Advancing Innovative Methods to Promote Learning (AIM4Learning) Program is a significant initiative aimed at addressing the learning crisis in Eastern and Southern Africa.


Banking & Financial Services

Fubon Financial secures third consecutive TIPS A-level certification

Fubon Financial Holdings has successfully secured the Taiwan Intellectual Property Management System (TIPS) A-level certification for three consecutive years, demonstrating its dedication to brand management and trademark value enhancement.


Banking & Financial Services

KfW Research: Lowering power prices may boost German heat pump sales

The electricity-to-gas price ratio significantly influences the adoption of heat pumps in Germany, according to a recent analysis by KfW Research.


Banking & Financial Services

ADB and World Bank launch mutual reliance framework for cofinanced projects

The Asian Development Bank (ADB) and the World Bank (WB) have signed a new Full Mutual Reliance Framework (FMRF), marking a significant collaboration between the two institutions.


Banking & Financial Services

Kalmadu Dam rehabilitation brings stability to Northern Sri Lankan community

In the village of Kalmadu Nagar, located in Northern Sri Lanka's Kilinochchi district, the Kalmadu Kulam reservoir has been a crucial resource for local residents.


Banking & Financial Services

Binance CEO at Consensus Hong Kong: 'Look forward to playing our part to support ecosystem growth'

Richard Teng, CEO of Binance, expressed optimism regarding digital assets among regulators and policymakers during the Consensus Hong Kong 2025 conference.


Banking & Financial Services

Earnings season sees mixed results amid focus on corporate profits

As the Q4 2024 earnings season progresses, attention remains divided between policy developments in Washington and corporate profit trends.


Banking & Financial Services

RBC celebrates recognition of young financial advisors by Financial Planning

RBC Wealth Management has announced that 12 of its financial advisors have been recognized by Financial Planning as top brokers under 40 for the year 2025.


Banking & Financial Services

Siemens reduces stake in Siemens Healthineers with partial share sale

Siemens has finalized the sale of a portion of its shares in Siemens Healthineers.


Banking & Financial Services

World Bank economist discusses strategies for low-income countries' economic progress

The next quarter-century could be crucial for the world's 26 poorest countries as they strive to reach middle-income status.


Banking & Financial Services

UOB announces S$3 billion plan for shareholder rewards

UOB Group has unveiled a S$3 billion package aimed at distributing capital to its shareholders.


Banking & Financial Services

World Resources Institute releases report on nature-based solutions in Sub-Saharan Africa

A new report, "Growing Resilience: Unlocking the Potential of Nature-Based Solutions for Climate Resilience in Sub-Saharan Africa," has been released by the World Resources Institute (WRI) and the World Bank.


Banking & Financial Services

UOB reports record $6B profit for FY24; proposes special dividends

UOB Group has announced a record net profit of S$6.0 billion for the financial year ending December 31, 2024, marking a 6% increase from the previous year.


Banking & Financial Services

Siemens sells part of its stake in Siemens Healthineers

Siemens has announced the sale of a portion of its stake in Siemens Healthineers.


Banking & Financial Services

Siemens donates cogeneration units to aid Ukraine's infrastructure rebuilding

Siemens is set to donate cogeneration units to Ukraine as part of its broader rebuilding initiatives and global decarbonization strategy.