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Banking & Financial Services

German SMEs face rising challenges accessing loans amid restrictive banking practices

Small and medium-sized enterprises (SMEs) in Germany are facing increasing challenges in accessing loans, according to recent findings.


Banking & Financial Services

World Bank settles with regional warning system over project conduct

The World Bank Group has reached a settlement with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) concerning conduct related to two projects: the Bhutan Hydromet Services and Disaster Resilience Regional...


Banking & Financial Services

Business chambers unite for cross-border investments in Southeast Asia

The Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), and UOB have signed a Memorandum of Understanding (MOU) to enhance cross-border business collaboration.


Banking & Financial Services

Nordea to announce financial results for Q4 and full year 2024

Nordea is set to release its fourth-quarter and full-year results for 2024 on January 30.


Banking & Financial Services

NCUA Board approves annual performance plan to guide future operations

The National Credit Union Administration (NCUA) Board conducted its first open meeting of the year on January 16, 2025, where it unanimously approved the agency's 2025 Annual Performance Plan.


Banking & Financial Services

AI expansion may triple US data-centre usage by 2030

Barclays Research has released a new report in its Impact Series, titled "AI revolution: Meeting massive AI infrastructure demands."


Banking & Financial Services

NCUA releases research note on overdraft and NSF fees at credit unions

The National Credit Union Administration (NCUA) has released a Research Note analyzing overdraft and non-sufficient funds (NSF) fees at credit unions.


Banking & Financial Services

World Bank debars Nigerian firms over corruption charges

The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and Chief Executive Officer, Mr. Norman Bwuruk Didam.


Banking & Financial Services

World Bank supports Djibouti with $20 million grant for finance governance

The World Bank has approved a $20 million grant from the International Development Association (IDA) to support Djibouti in enhancing its public finance governance and digital services.


Banking & Financial Services

Morgan Stanley schedules Q4 and full year results discussion for January

Morgan Stanley is set to discuss its fourth quarter and full year 2024 financial results in a conference call scheduled for January 16, 2025, at 8:30 a.m. Eastern Time.


Banking & Financial Services

Financial wellness tips for the new year from RBC Wealth Management

As the new year begins, many individuals are considering resolutions related to wellness, including financial health.


Banking & Financial Services

Siemens supports Italy's transition to green mobility with key electrification projects

Siemens eMobility is advancing Italy's green mobility initiatives through two significant electrification projects.


Banking & Financial Services

World Bank approves $257 million for Lebanese water supply improvements

The World Bank's Board of Executive Directors has approved a $257.8 million financing package to enhance water supply services in the Greater Beirut and Mount Lebanon area.


Banking & Financial Services

Sun Life earns top score for LGBTQ+ workplace equality for 16th consecutive year

Sun Life U.S. has achieved a perfect score on the Human Rights Campaign's Corporate Equality Index (CEI) for the 16th year in a row, earning the Equality 100 Award.


Banking & Financial Services

Cabo Verde's new report outlines path for sustainable development amid climate challenges

PRAIA, January 15, 2025 – Cabo Verde is focusing on building resilience and accelerating a low-carbon transition as part of its sustainable development strategy.


Banking & Financial Services

Tonga's education system bolstered by $21 million funding boost

Thousands of students in Tonga are set to benefit from enhanced educational facilities and systems, as the Tonga Safe and Resilient Schools Project receives an additional US$21 million in funding.


Banking & Financial Services

Cabo Verde seeks transformation amid climate challenges with ambitious renewable goals

Cabo Verde, a small island nation in the Atlantic Ocean, is facing significant challenges due to climate change.


Banking & Financial Services

Report highlights challenges and opportunities in global educational technology integration

The global learning and skills crisis remains a significant challenge, with over half of 10-year-olds in low- and middle-income countries unable to read and understand age-appropriate texts.


Banking & Financial Services

EIB partners with Societe Generale to boost investment in Europe's wind industry

The European Investment Bank (EIB) and Societe Generale have announced a new initiative aimed at stimulating investment in the wind energy sector across Europe.


Banking & Financial Services

World Bank provides $30 million grant for earthquake recovery in Vanuatu

The World Bank has announced a $30 million grant to aid Vanuatu's recovery following a 7.3 magnitude earthquake in December.