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Banking & Financial Services

World Bank approves $20 million project for Guinea-Bissau's social services

The World Bank has approved a $20 million grant to enhance education, health, and social protection services in Guinea-Bissau.


Banking & Financial Services

Bitget User on 25% asset loss and account freezing: The 'admin just remove my comment'

Payel Dev Shorma, a user of the cryptocurrency exchange Bitget, reported experiencing a 25% loss of assets during the platform's BWB-to-BGB token swap.


Banking & Financial Services

Bison Digital Assets partners with Circle for MiCA-compliant stablecoins

Bison Digital Assets, a subsidiary of Bison Bank based in Lisbon, has announced a partnership with Circle to integrate MiCA-compliant stablecoins into its operations.


Banking & Financial Services

S&P experiences strong performance driven by AI enthusiasm

The S&P 500 experienced another year of strong performance in 2024, marking the second consecutive year with returns of 20 percent or more.


Banking & Financial Services

FSB highlights importance of standardized climate transition plans

The Financial Stability Board (FSB) has released a report titled "The Relevance of Transition Plans for Financial Stability," examining the role of climate transition plans in maintaining financial stability.


Banking & Financial Services

Siemens’ Fürth plant recognized for sustainable innovation by World Economic Forum

The World Economic Forum has recognized Siemens' Fürth location as a Sustainability Lighthouse.


Banking & Financial Services

Sun Life U.S. named top workplace by Boston Globe for seventh year

Sun Life U.S. has been recognized as a Top Workplace by the Boston Globe for the seventh consecutive year.


Banking & Financial Services

Barclays report shows slowing growth in UK rent and mortgage spending

Rent and mortgage spending in the UK saw a modest increase of 1.8% year-on-year in December, marking the slowest growth since August 2024, according to Barclays Property Insights.


Banking & Financial Services

Siemens Mobility earns top marks in EU sustainability reporting

Siemens Mobility has once again achieved top scores in sustainability reporting under the EU Taxonomy.


Banking & Financial Services

Ethiopian women find economic empowerment through urban safety net project

A group of women and girls are actively participating in a handicraft training program at the General Wingate Technical and Vocational Education and Training center.


Banking & Financial Services

Report highlights barriers to Armenia's tech adoption

The adoption of digital technology by firms in Armenia has been evaluated in a report based on the Armenia ICT Survey conducted in 2023.


Banking & Financial Services

ING reports progress on €2 billion share buyback programme

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


Banking & Financial Services

Applied Digital secures up to $5 billion funding from Macquarie

Macquarie Asset Management has announced a significant partnership with Applied Digital Corporation to provide up to $5 billion in funding for the company's high-performance computing (HPC) initiatives.


Banking & Financial Services

Financial regulators address impact of California wildfires on banks

On January 14, 2025, several financial regulatory agencies issued a statement addressing the impact of the California wildfires and straight-line winds on financial institutions.


Banking & Financial Services

Apollo partners with Standard Chartered for $3B global infrastructure financing

Apollo and Standard Chartered have announced a strategic partnership aimed at bolstering financing for global infrastructure, clean transition, and renewable energy projects.


Banking & Financial Services

World Bank unveils new 10-year partnership framework for Pakistan

The World Bank Group's Boards of Executive Directors have approved a new Country Partnership Framework (CPF) for Pakistan, aiming to promote inclusive and sustainable development.


Banking & Financial Services

Sun Life U.S. earns top workplace recognition in Kansas City

Sun Life U.S. has been recognized as a Top Workplace in Kansas City by the Kansas City Business Journal and Energage, an employee survey company.


Banking & Financial Services

FDIC vice chair: Agency's approach to digital assets 'has stifled innovation'

Federal Deposit Insurance Corporation (FDIC) Vice Chairman Travis Hill said that the FDIC's approach to the digital assets industry has impeded innovation in the United States.


Banking & Financial Services

African leaders launch mission to electrify continent

For 600 million people in Africa, access to electricity remains a distant reality.


Banking & Financial Services

Macquarie invests in DESRI to boost U.S. renewable energy projects

Macquarie Asset Management, DESRI, and the D. E. Shaw group have announced the completion of a significant minority investment by MAM in DESRI through several MAM-managed funds.