Banking &amp; Financial Services News on Globe Banner

J.P. Morgan Wealth Management has been recognized as the top firm in customer satisfaction for both self-directed and full-service investors, according to the J.D. Power 2024 U.S. Wealth Management Digital Experience Study.

World Bank calls for fiscal reform to boost Turkish Cypriot economy

The World Bank has released a series of reports addressing the economic conditions in the Turkish Cypriot community, highlighting a decline in living standards from 2014 to 2021.

DEG grants EUR 30 million loan for JK Tyre's sustainable expansion

DEG has announced a long-term loan of EUR 30 million to JK Tyre Industries Ltd (JKTIL), an Indian tyre manufacturer.

World Bank funds Moroccan agriculture program for climate resilience

The World Bank has announced the approval of $250 million for the Morocco Transforming Agri-food Systems Program.

World Bank report highlights clean-tech export potential in Central Eastern Europe

Clean technology exports from Central and Eastern Europe have the potential to significantly increase, enhancing the EU economy and its global standing, according to the latest EU Regular Economic Report by the World Bank.

NCUA reports rise in assets and loans among federally insured credit unions

Assets and loans at federally insured credit unions showed an increase at the median over the year ending in the third quarter of 2024, while shares and deposits experienced a decline, as reported by the latest NCUA Quarterly U.S. Map Review.

Pandemic Fund announces third round of $500 million funding for global health initiatives

The Pandemic Fund's Governing Board has approved a $500 million grant for its third round of funding, aimed at enhancing pandemic preparedness in low- and middle-income countries.

Burundi's new project aims at boosting land productivity amid climate challenges

A new project has been launched to enhance land productivity and climate resilience for 1.3 million people in Burundi while creating 42,000 indirect jobs.

World Bank approves $1.16 billion aid package for Bangladesh's sustainable development

The World Bank has approved $1.16 billion in financing to support Bangladesh's development in health services, water and sanitation, and climate resilience.

ANZ provides financial aid after Vanuatu earthquake

ANZ has introduced a financial relief package for individuals impacted by the recent earthquake in Vanuatu.

World Bank approves $700 million credit for Ethiopian financial sector strengthening

The World Bank has announced a substantial increase in its support for Ethiopia's financial sector through a newly approved $700 million credit from the International Development Association (IDA) for the Financial Sector Strengthening Project...

Pandemic Fund announces third funding round with $500 million grant allocation

The Pandemic Fund has announced a new grant envelope of $500 million for its third round of funding, aimed at enhancing health systems in low- and middle-income countries.

Siemens Mobility secures major rail contracts to enhance Thai public transportation

Siemens Mobility, in collaboration with its consortium partners, has secured significant rail contracts in Thailand aimed at transforming the country's public transportation system.

ANZ expands express payments for faster cross-border transactions

ANZ has announced an enhancement to its ANZ Express Payments service, allowing inbound cross-border payments from all AUD Clearing Services customers up to AUD$500 to be processed in near-real time every day of the week.

Macquarie provides €420 million financing to Nadara for renewable energy projects

Macquarie Asset Management has agreed to provide approximately €420 million in debt financing to Nadara, a major renewable independent power producer in Europe.

World Bank leads effort for Ganges River Dolphin conservation

In the waters of the Ganges, Brahmaputra, and Meghna River Basin, the Ganges River Dolphin is struggling for survival.

WHO calls for migrant support on International Migrants Day

On December 18, the World Health Organization (WHO), in collaboration with the International Organisation for Migration (IOM), marked International Migrants Day.

World Bank transitions African mining legislation project leadership after successful decade

As global demand for transition minerals increases, African nations like Burkina Faso, Ghana, Morocco, and the Democratic Republic of Congo are poised to benefit significantly.

World Bank outlines key reforms for boosting Uzbekistan's service sector