Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

Standard Chartered launches SC PrismFX for global transactional foreign exchange needs

Standard Chartered has launched SC PrismFX, a new transactional foreign exchange solutions suite designed to meet the needs of its global clients.


Banking & Financial Services

Investor optimism holds steady despite administration change

Morgan Stanley Wealth Management has released the findings of its latest quarterly retail investor pulse survey.


Banking & Financial Services

ING progresses in €2 billion share buyback initiative

ING has announced the progress of its €2.0 billion share buyback programme, which was initially disclosed on October 31, 2024.


Banking & Financial Services

Ukraine rebuilds rail network amid ongoing conflict

Ukrainian Railways, known as Ukrzaliznytsia, has played a crucial role in the country's economy since the onset of the conflict with Russia in February 2022.


Banking & Financial Services

Torch Clean Energy partners with Morgan Stanley Infrastructure for expansion

Morgan Stanley Infrastructure Partners (MSIP) and Torch Clean Energy have announced a strategic partnership aimed at expanding and transitioning the Torch platform.


Banking & Financial Services

Barclays appoints Paul Johnson as head of equities for Asia Pacific

Barclays has announced the appointment of Paul Johnson as Head of Equities for the Asia Pacific region.


Banking & Financial Services

Standard Chartered launches global campaign targeting affluent clients

Standard Chartered has launched a new global wealth campaign targeting affluent clients.


Banking & Financial Services

World Bank supports expanded power transmission between Zambia and Tanzania

A World Bank-backed initiative, the Zambia-Tanzania Interconnector Project (ZTIP), is set to provide Zambia with enhanced access to sustainable and affordable energy.


Banking & Financial Services

German business founders' use of 'start-up' term examined

In Germany, a significant number of business founders describe their ventures as start-ups, with 27% of them using this term for their businesses.


Banking & Financial Services

Impact of U.S. tariffs and German elections on Europe's economic outlook

The tariffs proposed by U.S. President-elect Donald Trump on the European Union are anticipated to impact the eurozone's economic growth, according to RBC Global Asset Management Inc. Chief Economist Eric Lascelles.


Banking & Financial Services

BMO pledges $3 million for L.A. wildfire relief efforts

BMO has announced a $3 million pledge to support wildfire relief, recovery, and rebuilding efforts in the Los Angeles area.


Banking & Financial Services

AIMA addresses banking hurdles faced by crypto hedge funds

The Alternative Investment Management Association (AIMA) has issued a call to address the banking challenges faced by crypto-focused hedge fund managers.


Banking & Financial Services

Kosovo secures World Bank funding for financial sector and transport projects

The World Bank's Board of Executive Directors has approved financial support for two projects in Kosovo, aimed at enhancing the competitiveness of the private sector and improving connectivity.


Banking & Financial Services

Zambia nears completion of debt restructuring amid ongoing economic challenges

Zambia is on the verge of completing its debt restructuring under the G-20 Common Framework after nearly four years of negotiations with bilateral creditors and international bondholders.


Banking & Financial Services

World Bank warns of weak growth outlook for developing economies

Developing economies, which contribute significantly to global growth, are anticipated to face a challenging economic environment over the next two years.


Banking & Financial Services

FSB introduces new tools for assessing climate-related risks in finance

The Financial Stability Board (FSB) has released a report detailing an analytical framework and toolkit designed to assess climate-related vulnerabilities within the global financial system.


Banking & Financial Services

Cameroon advances towards affordable universal electricity with Nachtigal Hydropower Plant

In the early hours of the day, Sandrine Nguele, a senior nurse, attends to patients at the medical center in Batchenga.


Banking & Financial Services

Siemens expands private 5G infrastructure for diverse industrial sectors

Siemens has announced an expansion of its private industrial 5G infrastructure, now supporting up to 24 radio units.


Banking & Financial Services

Barclays appoints Pier Luigi Colizzi as global chairman of investment banking

Barclays has announced the appointment of Pier Luigi Colizzi as a Global Chairman of Investment Banking.


Banking & Financial Services

World Bank's Emanuel Salinas reflects on achievements and challenges in Albania

In a recent interview with Monitor Magazine, Emanuel Salinas, the outgoing World Bank Country Manager for Albania, reflected on his tenure and the challenges faced by the country.