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Banking & Financial Services

HSBC Chairman Mark Tucker to retire by the end of 2025

HSBC Holdings plc has announced that its Group Chairman, Sir Mark Tucker, is planning to retire by the end of 2025.


Banking & Financial Services

Barclays study analyzes AI's significant impact on global economy

In its 70th edition of the Equity Gilt Study, Barclays Research reviewed the impact of artificial intelligence (AI) on global economic structures.


Banking & Financial Services

Melanie Kehr steps into new role at KfW's domestic promotion division

Melanie Kehr has assumed a new role today as KfW's Executive Board member responsible for domestic promotional business.


Banking & Financial Services

ANZ introduces password-less web banking to enhance security

ANZ is set to launch a password-less web banking service for ANZ Plus, becoming the first Australian bank to introduce a fully password-free option.


Banking & Financial Services

ANZ advises on avoiding Mother's Day scams amid rising fraud concerns

ANZ is urging Australians to increase their vigilance against online scams this Mother's Day, encouraging open dialogue within families to enhance scam awareness.


Banking & Financial Services

World Bank's investment to boost Bhutan’s growth and job opportunities

The World Bank Group has announced a new Country Partnership Framework (CPF) for Bhutan, which will run from fiscal years 2025 to 2029.


Banking & Financial Services

Morgan Stanley introduces NHPAF to offer private equity access to individual investors

Morgan Stanley Investment Management (MSIM) announced the debut of the North Haven Private Assets Fund (NHPAF).


Banking & Financial Services

Two World Bank financial aids to boost land and forest management in Benin

The World Bank Board of Directors has approved two financial supports amounting to $180.7 million aimed at improving land tenure security and enhancing integrated forest management in Benin.


Banking & Financial Services

Siemens acquires Wevolver to enhance electronics intelligence and Supplyframe portfolio

Siemens announced the acquisition of Wevolver to enhance its global electronics intelligence and expand the Supplyframe portfolio.


Banking & Financial Services

Sustainable investing interests shown to remain strong among global investors

According to a recent survey conducted by Morgan Stanley's Institute for Sustainable Investing, a significant number of individual investors remain strongly interested in sustainable investing practices.


Banking & Financial Services

Morgan Stanley's fixed income unit focuses on ESG issues through new engagement program

Morgan Stanley Investment Management (MSIM) Fixed Income has implemented a targeted engagement program focusing on environmental, social, and governance (ESG) issues.


Banking & Financial Services

UOB partners with Accenture to transform customer experience with AI technology

UOB and Accenture have entered into a strategic partnership to apply advanced technologies, including generative artificial intelligence (GenAI), in transforming customer experiences over the next three years.


Banking & Financial Services

Société Générale reports strong Q1 2025 results, surpassing annual targets

Société Générale revealed a robust financial performance for the first quarter of 2025.


Banking & Financial Services

NCUA prohibits three individuals from working with federally insured institutions

The National Credit Union Administration (NCUA) has issued two consent orders and one prohibition notice this April.



Banking & Financial Services

NCUA liquidates Unilever Federal Credit Union due to insolvency

The National Credit Union Administration (NCUA) has liquidated the Unilever Federal Credit Union based in Englewood Cliffs, New Jersey, citing insolvency and no potential for restoring viable operations.


Banking & Financial Services

World Bank funds $216 million project for climate-resilient transport in Burkina Faso

The World Bank has approved a $216 million project aimed at enhancing climate-resilient transport infrastructure in the Sikasso-Korhogo-Bobo-Dioulasso (SKBo) region.


Banking & Financial Services

World Bank approves loan to support Eswatini's growth and economic reforms

The World Bank has approved a Development Policy Loan (DPL) to assist the Kingdom of Eswatini in its efforts to strengthen fiscal governance, promote private sector development, and enhance energy security and climate resilience.


Banking & Financial Services

Indonesia's first JETP solar project secures USD 60 million investment

DEG, Proparco, and Standard Chartered have announced their investment in Indonesia's first Just Energy Transition Partnership (JETP) solar project, valued at USD 60 million.


Banking & Financial Services

AIA Group reports 13% growth in value of new business in Q1 2025

Hong Kong - AIA Group Limited has announced a 13 per cent growth in the value of new business for the first quarter ending March 31, 2025, using constant exchange rates (CER).