Latest News
ANZ participates in RBA's Project Acacia with two innovative finance use cases
By Globe Banner | Jul 10, 2025
ANZ has announced its participation in the Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre’s (DFCRC) Project Acacia research program.
World Bank funds resilient infrastructure projects in Madagascar
By Globe Banner | Jul 10, 2025
Communities in Madagascar are set to benefit from enhanced infrastructure aimed at mitigating the impact of natural disasters.
UOB supports young athletes with $100K donation to Singapore Tennis Association
By Globe Banner | Jul 10, 2025
UOB has announced a S$100,000 sponsorship and donation to the Singapore Tennis Association (STA) to support young tennis talents.
World Bank calls for improved service delivery in Sub-Saharan Africa
By Globe Banner | Jul 10, 2025
The World Bank's annual Country Policy and Institutional Assessment (CPIA) report for Sub-Saharan Africa, released on July 10, 2025, highlights the need for African governments to enhance essential service delivery to foster inclusive and...
World Bank empowers millions of women through global transport projects
By Globe Banner | Jul 10, 2025
Across fiscal years 2019-2024, the World Bank financed 159 transport projects, with 94% incorporating activities to address gender disparities in the sector.
Arch Insurance appoints new division presidents amid growth
By Globe Banner | Jul 10, 2025
Arch Insurance North America has announced the appointment of five executives to newly-created roles as Division Presidents, effective August 1, 2025.
Barclays enters multi-year strategic agreement with MSCI
By Globe Banner | Jul 10, 2025
Barclays and MSCI Inc. have entered into a multi-year strategic agreement to provide Barclays with access to MSCI's analytics and integrated risk modeling services.
Barclays appoints Joseph Lee as head of high touch sales trading in Asia Pacific
By Globe Banner | Jul 10, 2025
Barclays has announced the appointment of Joseph Lee as Head of High Touch Sales Trading for the Asia Pacific region.
NCUA initiates voluntary review of regulations affecting federally insured credit unions
By Globe Banner | Jul 10, 2025
The National Credit Union Administration (NCUA) has announced its plans to voluntarily review agency regulations.
Pakistan partners with Germany for clean energy infrastructure
By Globe Banner | Jul 10, 2025
Pakistan is advancing its efforts towards a sustainable energy future with the signing of a contract for a new substation in the Gharo wind corridor.
US tariffs contribute to slowing global economic and insurance premium growth
By Globe Banner | Jul 9, 2025
Global economic growth is expected to slow in 2025, with US tariffs contributing to reduced trade and heightened uncertainty, according to the latest World Insurance sigma report from Swiss Re Institute.
Arch promotes Ondine Bourrut Lacouture to active underwriter at Lloyd's
By Globe Banner | Jul 9, 2025
Arch Capital Group Ltd. has announced the promotion of Ondine Bourrut Lacouture to Active Underwriter of Arch Syndicate 1955 at Lloyd’s. She succeeds Simon Williams, who will continue as Chief Strategy and Distribution Officer of Arch Insurance...
World Bank supports Ceará's green hydrogen strategy with $134 million financing
By Globe Banner | Jul 9, 2025
The World Bank's Board of Directors has approved a new operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará.
FSB issues reports on tackling nonbank financial intermediation risks
By Globe Banner | Jul 9, 2025
The Financial Stability Board (FSB) has released three reports aimed at enhancing resilience in nonbank financial intermediation (NBFI).
US tariffs impact global economy and insurance premiums: Swiss Re Institute
By Globe Banner | Jul 9, 2025
Global economic growth is projected to slow down due to US tariff policies, according to a report by the Swiss Re Institute.
FSB releases final report on NBFI leverage risks
By Globe Banner | Jul 9, 2025
The Financial Stability Board (FSB) has released its final report on leverage in nonbank financial intermediation (NBFI), highlighting the importance of managing risks associated with non-bank leverage.
World Bank highlights Türkiye's success in scaling up national energy efficiency
By Globe Banner | Jul 9, 2025
Energy efficiency is increasingly recognized as a cost-effective solution to provide affordable and secure energy, while promoting economic growth.
Ukraine rebuilds homes with World Bank-backed project
By Globe Banner | Jul 9, 2025
The ongoing recovery efforts in Ukraine are helping restore homes and lives devastated by the conflict with Russia.
Australian consumer confidence rises ahead of RBA decision
By Globe Banner | Jul 8, 2025
Consumer confidence in Australia has seen a slight rise, according to recent data.
World Bank debars GenKey Solutions B.V. over fraud related charges
By Globe Banner | Jul 8, 2025
The World Bank Group has announced an 18-month debarment with conditional release for GenKey Solutions B.V., a company based in the Netherlands.