Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

NCUA bars three former credit union employees after issuing prohibition orders

The National Credit Union Administration (NCUA) announced that it issued one consent-based prohibition order and two prohibition notices in July 2025.


Banking & Financial Services

J.P. Morgan launches supply chain finance tool integrated with Oracle ERP

J.P. Morgan Payments has launched a new supply chain finance (SCF) solution integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP).


Banking & Financial Services

Everest appoints Josh Pillion as U.S. insurance national distribution manager

Everest, a global leader in specialty insurance and reinsurance, has announced the appointment of Josh Pillion as the U.S. National Distribution Manager for Everest Insurance.


Banking & Financial Services

Arch Insurance launches new supplemental health insurance products

Arch Insurance has announced the launch of a new suite of Individual Supplemental Health products through its Accident & Health business unit.


Banking & Financial Services

Australian consumer confidence falls slightly as economic outlook improves

Consumer confidence in Australia experienced a slight dip last week, falling by 0.2 points to 86.3 points, according to recent data.


Banking & Financial Services

Morgan Stanley discusses potential opportunities in uncertain financial markets

Uncertainty in the financial markets is creating potential opportunities for longer-duration assets in developed markets, as well as value in emerging markets debt and securitized credit.


Banking & Financial Services

Howden Re and Moody's expand talent exchange program for enhanced catastrophe modeling

Following a successful first year, Howden Re and Moody’s have launched the second phase of their early careers exchange programme.


Banking & Financial Services

Insights from Chris Dyer on managing teams and mitigating biases at Morgan Stanley

Perspectives on personalities and investing have influenced Chris Dyer's approach to leading teams, empowering individuals, mitigating behavioral bias, and delivering strong performance for clients.


Banking & Financial Services

World Bank names Tsutomu Yamamoto as new head of guarantee business

Tsutomu Yamamoto has been appointed as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), according to an announcement from the World Bank Group.


Banking & Financial Services

Standard Chartered launches new sustainable escrow solution

Standard Chartered has introduced a new Sustainable Escrow and Account Bank solution aimed at integrating sustainability into clients' cash management.


Banking & Financial Services

RenaissanceRe reports Q2 earnings with strong property segment performance

RenaissanceRe Holdings Ltd. has reported its financial results for the second quarter of 2025, showing a net income of $826.5 million available to common shareholders and an operating income of $594.6 million.


Banking & Financial Services

Leo Beckham discusses opportunities for hybrid fronting carriers at European MGA Summit

At The Insurer's European MGA Summit in Amsterdam, Leo Beckham, Managing Director and Head of UK and Europe at Howden Capital Markets & Advisory, led a panel discussion on "Fronting opportunities and challenges."


Banking & Financial Services

World Bank officials discuss partnership framework addressing Croatian economic challenges

The Croatian government has adopted a new five-year Country Partnership Framework (CPF) with the World Bank Group, aiming to address key economic and social challenges.


Banking & Financial Services

Yuanta FHC donates NT$20 million for disaster relief after Typhoon Danas

Yuanta Financial Holding Company (FHC) has announced a donation of NT$20 million to the Taiwan Foundation for Disaster Relief.


Banking & Financial Services

Sun Life expands Family Leave Insurance into Michigan and West Virginia

Sun Life U.S. has expanded its Family Leave Insurance (FLI) to Michigan and West Virginia, broadening access to paid leave benefits for employees in those states.


Banking & Financial Services

Siemens upgrades cut Berlin State Library's energy use by half

Siemens has completed a technical modernization project at the Staatsbibliothek zu Berlin, aiming to reduce the library's energy consumption and CO₂ emissions.


Banking & Financial Services

RenaissanceRe declares quarterly dividend and renews share repurchase program

RenaissanceRe Holdings Ltd. has announced that its Board of Directors declared a quarterly dividend of $0.40 per common share.


Banking & Financial Services

HSBC Holdings reports lower profits but steady revenue growth across core businesses

HSBC Holdings plc reported its interim results for the first half of 2025, showing a decline in profit before tax and revenue compared to the same period last year.


Banking & Financial Services

Philippines' economic report reveals need for structural reforms

The latest report, "Running Uphill: Growth, Jobs, and the Quest for Productivity," highlights significant economic developments in the Philippines since 2010.


Banking & Financial Services

Viet Nam's path towards a sustainable future amid climate challenges

Viet Nam is poised to tackle the challenges of transitioning to a greener and more resilient development model, as outlined in a recent report.