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Banking & Financial Services

German venture capital market reports strong start in 2025 with EUR 1.6 billion raised

In the first quarter of 2025, German start-ups secured approximately EUR 1.6 billion through 295 financing rounds, according to data released by KfW Research. Dr. Steffen Viete, a venture capital expert at KfW Research, highlighted the strong...


Banking & Financial Services

NTU Singapore receives S$110M gift to fund new educational initiatives

UOB and the Wee Foundation have collectively pledged S$110 million to Nanyang Technological University, Singapore (NTU), a donation that will be matched by the government to form a S$275 million endowment.


Banking & Financial Services

E*TRADE unveils zero-fee index mutual funds for eligible clients

E*TRADE from Morgan Stanley has unveiled a new range of index mutual funds with no management fees.


Banking & Financial Services

Morgan Stanley closes co-investment fund at $2.3 billion hard cap

Morgan Stanley Investment Management announced the final close of its North Haven Private Equity Co-Investment Opportunities Fund III LP (PECO III), which reached its hard cap with approximately $2.3 billion in total commitments.


Banking & Financial Services

KfW supports coalition agreement's focus on social market economy and climate targets

KfW has expressed its approval of the new coalition agreement presented by the CDU, CSU, and SPD, which focuses on bolstering the social market economy and maintaining German and European climate targets.


Banking & Financial Services

World Bank approves $1.5 billion aid to support Argentina's economic reforms

The World Bank Group has given approval for US$1.5 billion in financing directed at Argentina to advance policy measures promoting private sector-driven growth and job creation, with a focus on safeguarding vulnerable populations.


Banking & Financial Services

Australia faces new challenges as U.S.-China trade conflict escalates

The latest developments in the U.S.-China trade relationship are set to pose new challenges for Australian food and agriculture exports.


Banking & Financial Services

World Bank initiatives enhance focus on indigenous peoples in the Philippines

The World Bank has introduced its Indigenous Peoples Engagement Strategy to enhance the visibility of Indigenous Peoples (IPs) in the Philippines, aiming to increase awareness of their development challenges and improve social inclusion.


Banking & Financial Services

World Bank Group announces $12 billion initiative for Argentina's economic reform

The World Bank Group has unveiled a US$12 billion support package for Argentina as part of the country's economic reform efforts.


Banking & Financial Services

Morgan Stanley to discuss Q1 2025 results on April 11

Morgan Stanley will host a conference call to discuss its first quarter 2025 results on April 11, 2025, at 9:30 a.m. (ET).


Banking & Financial Services

St. Vincent and the Grenadines boosts disaster resilience with $20 million World Bank aid

St. Vincent and the Grenadines has secured $20 million in financial support from the World Bank Group to enhance its disaster resilience capabilities.


Banking & Financial Services

North Macedonia's care economy transforms lives with new jobs and services

Roza Mihajloska finds joy and companionship in her caregiver, Cvetanka Risteska, who provides essential care while fostering independence in daily life.


Banking & Financial Services

World Bank funds safer and greener roads in Mato Grosso do Sul

The World Bank has approved a new financing package for the Brazilian state of Mato Grosso do Sul, aiming to provide sustainable, safe, and climate-resilient transport to benefit 1.55 million people.


Banking & Financial Services

Zambia enhances its conservation efforts with updated wildlife and protected areas accounts

Zambia, with its diverse ecosystems and vast protected areas, remains a key hub for conservation in Africa.


Banking & Financial Services

Forbes names ING among best banks for the second year running

The recognition of ING as one of the best banks in the world comes after a comprehensive survey conducted among over 50,000 participants across 34 countries.


Banking & Financial Services

ANZ warns businesses about increasing email and invoice scams

ANZ has advised its customers to stay vigilant against business email compromise (BEC) and fake invoice scams.


Banking & Financial Services

World Bank approves $30M loan to boost disaster preparedness in Barbados

The World Bank Group has approved a $30 million loan for Barbados to enhance its disaster risk management capabilities.


Banking & Financial Services

Fubon Financial reports strong Q1 results amid market volatility

Fubon Financial Holdings has announced its earnings results for March 2025, reporting an unaudited consolidated pre-tax profit of NT$14.84 billion and a net profit of NT$11.11 billion.


Banking & Financial Services

World Bank supports Saint Lucia in disaster risk management with US$20 million project

The Board of Executive Directors of the World Bank Group has given the green light to a new project designed to assist Saint Lucia in accessing financial resources quickly during emergencies.


Banking & Financial Services

William Connelly to become Chairman of Societe Generale in 2026

Societe Generale has announced the appointment of William Connelly as its future Chairman of the Board of Directors.