Latest News
Morgan Stanley outlook sees opportunity as commercial real estate prices reset
By Globe Banner | Aug 2, 2025
The 2025 real estate mid-year outlook from Morgan Stanley Real Estate Investing (MSREI) highlights the resilience of commercial real estate amid a volatile macroeconomic environment.
Australian consumer confidence remains steady as inflation expectations rise
By Globe Banner | Aug 2, 2025
Consumer confidence in Australia saw a small increase last week, rising by 0.4 points to reach 86.7 points, according to the latest ANZ-Roy Morgan survey.
Cover Whale receives $40 million from Morgan Stanley Expansion Capital for tech-driven insurance growth
By Globe Banner | Aug 2, 2025
Cover Whale Insurance Solutions, Inc. has announced it secured $40 million in equity financing from Morgan Stanley Expansion Capital.
Macquarie Bank wins major lender award from MFAA for sixth straight year
By Globe Banner | Aug 2, 2025
Macquarie Bank has been awarded the title of ‘Major Lender of the Year’ by the Mortgage & Finance Association of Australia (MFAA) for the sixth consecutive year.
Barclays withdraws from Net Zero Banking Alliance but maintains climate commitments
By Globe Banner | Aug 1, 2025
Barclays PLC has announced its decision to withdraw from the Net Zero Banking Alliance.
World Bank-backed project aims to boost resilience in southern Madagascar
By Globe Banner | Aug 1, 2025
In the southern regions of Androy and Anosy in Madagascar, local communities continue to face significant socio-economic and environmental difficulties.
EBA releases stress test results showing resilience in Nordea's capital position
By Globe Banner | Aug 1, 2025
The European Banking Authority (EBA) has released the results of its EU-wide stress test, which examined how banks would respond to severe economic shocks between 2025 and 2027.
Fubon Financial highlights rise in fraud cases and expands anti-fraud measures across all subsidiaries
By Globe Banner | Aug 1, 2025
Fubon Financial Holdings has marked the first anniversary of Taiwan’s “Four New Laws on Fraud Fighting” by strengthening its anti-fraud initiatives across its subsidiaries, including banking, life insurance, property insurance, and securities.
Societe Generale appoints Jerome Niddam as CEO for Asia Pacific
By Globe Banner | Aug 1, 2025
Jerome Niddam has been appointed Chief Executive Officer for Societe Generale Asia Pacific, replacing Cecile Bartenieff, who will become Head of Mobility and International Retail Banking & Financial Services.
Standard Chartered releases second quarter and half-year 2025 financial results
By Globe Banner | Jul 31, 2025
Standard Chartered PLC has published its financial results for the second quarter and half-year of 2025.
Yuanta FHC enhances ESG transparency with global standards adoption
By Globe Banner | Jul 31, 2025
Yuanta Financial Holding Company (FHC) has announced new measures to align its sustainability practices with global standards and increase the transparency of its sustainability information.
Angola's economy shows strong recovery driven by oil sector resurgence
By Globe Banner | Jul 31, 2025
Angola's economy showed strong recovery in 2024, with a real GDP growth of 4.4%, driven by the oil sector and non-oil sectors like mining, commerce, and agriculture.
Economic memorandum outlines challenges for Angola's move beyond oil
By Globe Banner | Jul 31, 2025
Angola has been working on a series of reforms aimed at restoring macroeconomic stability and promoting economic diversification.
World Bank VP concludes visit to Pakistan discussing key development priorities
By Globe Banner | Jul 31, 2025
ISLAMABAD, July 25, 2025 — Ousmane Dione, the World Bank’s Vice President for the Middle East, North Africa, Afghanistan and Pakistan region, concluded a three-day visit to Pakistan.
NCUA Board discusses AI impact on credit union operations
By Globe Banner | Jul 31, 2025
The National Credit Union Administration (NCUA) Board held its fourth open meeting of 2025, where it was briefed on artificial intelligence, post exam survey results from the Office of the Ombudsman, and updates on the Central Liquidity Facility...
World Bank allocates $400M for disaster readiness in Eastern & Southern Africa
By Globe Banner | Jul 31, 2025
More than twelve million people in Angola, Burundi, Malawi, Seychelles, and Zambia are set to benefit from the second phase of the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) Program.
Belize gains new benefits from World Bank's International Development Association
By Globe Banner | Jul 31, 2025
In 2024, Belize, a Caribbean nation facing increasing climate risks impacting its economy, gained access to concessional financing from the World Bank’s International Development Association (IDA).
Societe Generale raises outlook after strong H1 profit jump
By Globe Banner | Jul 31, 2025
Societe Generale reported a group net income of EUR 3.1 billion for the first half of 2025, marking a 71% increase compared to the same period in 2024.
UOB trains all Singapore branch staff on identifying familial financial abuse
By Globe Banner | Jul 31, 2025
UOB has announced that by the end of 2025, every branch in Singapore will have staff trained to identify and assist potential victims of familial financial abuse.
NCUA bars three former credit union employees after issuing prohibition orders
By Globe Banner | Jul 31, 2025
The National Credit Union Administration (NCUA) announced that it issued one consent-based prohibition order and two prohibition notices in July 2025.