Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

Ethiopia’s new right to work directive opens economic opportunities for refugees

When war broke out between Ethiopia and Eritrea in 1998, Michaele Haile left his home and sought refuge in Ethiopia.


Banking & Financial Services

ANZ outlines five-year plan focused on customer experience and operational simplification

ANZ has introduced its ANZ 2030 strategy, outlining its immediate priorities and strategic direction for the next five years.


Banking & Financial Services

German SME sentiment declines for second consecutive month

SMEs in Germany experienced a decline in business sentiment for the second month in a row this September, according to the latest KfW-ifo SME Barometer.


Banking & Financial Services

World Bank president Ajay Banga highlights agribusiness role at AgriConnect flagship event

World Bank Group President Ajay Banga spoke at the AgriConnect Flagship Event during the 2025 Annual Meetings, emphasizing the importance of agriculture as a driver for job creation, income growth, and food security.


Banking & Financial Services

Macquarie Bank appoints Ashwin Sinha as Chief Data, Digital and AI Officer

Macquarie Bank has appointed Ashwin Sinha to the newly expanded position of Chief Data, Digital and AI Officer.


Banking & Financial Services

Fubon Senior Open increases prize fund as international field returns in October

The Fubon Senior Open, recognized as Taiwan's longest-running international senior golf tournament, will return from October 29 to 31 at the Taiwan Golf & Country Club (TGCC).


Banking & Financial Services

Barclays signs multi-year strategic agreement with SIX for financial data services

Barclays has entered into a new multi-year strategic agreement with SIX, a global provider of financial data and market infrastructure.


Banking & Financial Services

UK consumer card spending falls but treat purchases support select sectors

Consumer card spending in the UK fell by 0.7% year-on-year in September, according to the latest Barclays Consumer Spend report.


Banking & Financial Services

Axis Capital appoints Erik Rasmussen as head of US healthcare reinsurance

AXIS Capital Holdings Limited has announced the appointment of Erik Rasmussen as Head of US Healthcare Reinsurance.


Banking & Financial Services

World Bank Group report urges reforms for job creation and growth in the Philippines

The World Bank Group has released its first Growth and Jobs Report (GJR) for the Philippines, aiming to address the country’s slow economic growth and persistent employment challenges.


Banking & Financial Services

ANZ outlines new two-phase growth strategy targeting improved returns by 2030

Farhan Faruqui, Chief Financial Officer of Australia and New Zealand Banking Group (ANZ), discussed the bank's new ANZ 2030 strategy in an interview with Alicia Muling, Senior Writer at bluenotes.


Banking & Financial Services

Warburg Pincus launches takeover bid for process control software firm PSI

Warburg Pincus has announced a voluntary public takeover offer for PSI Software SE, proposing to acquire all outstanding shares at EUR 45.00 per share in cash.


Banking & Financial Services

World Bank highlights job creation as key strategy for ending poverty in Africa

On End Poverty Day, the World Bank Group highlighted its ongoing efforts to address poverty in Eastern and Southern Africa by focusing on job creation and expanding economic opportunities.


Banking & Financial Services

Fubon Financial Holdings reports record profits across subsidiaries for September

Fubon Financial Holdings announced its unaudited earnings results for September 2025, reporting a consolidated pre-tax profit of NT$20.50 billion and a net profit of NT$17.44 billion for the month.


Banking & Financial Services

UOB partners with DBS and ABC Impact on $110M sustainability-linked loan

ABC Impact, an impact investment firm supported by Temasek, has partnered with DBS and United Overseas Bank (UOB) to launch a sustainability-linked subscription loan facility.


Banking & Financial Services

FSB Chair warns incomplete reform leaves global financial system exposed

Incomplete implementation of financial reforms continues to expose the global financial system to potential shocks, according to Andrew Bailey, Chair of the Financial Stability Board (FSB).


Banking & Financial Services

Morgan Stanley reviews US and European high yield markets for Q3 2025

Morgan Stanley Investment Management has released its latest review of the US and European high yield markets for the third quarter of 2025.


Banking & Financial Services

World Bank urges action as climate change threatens Thailand’s economic progress

Thailand faces significant economic and social risks from climate change, according to a new Country Climate and Development Report.


Banking & Financial Services

Malaysia’s push for GovTech requires reforms in platforms, policies, people & participation

Digital transformation is increasingly central to the modernization of governments, with the aim of making public services more efficient and accessible.


Banking & Financial Services

Investors show rising interest in Germany’s security and defence sector

A recent survey by KfW Research and the German Private Equity and Venture Capital Association indicates that 30 percent of investors in Germany have already invested in companies within the security and defence sector.