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Morgan Stanley closes Fund VIII with $3.2 billion in commitments
By Globe Banner | Jun 23, 2025
Morgan Stanley Capital Partners, the middle market private equity buyout team within Morgan Stanley Investment Management, has announced the final close of North Haven Capital Partners VIII (NHCP VIII) with total capital commitments reaching...
Standard Chartered partners with ALTIOS for SME expansion in Asia
By Globe Banner | Jun 23, 2025
Standard Chartered and ALTIOS have announced a strategic partnership aimed at assisting small and medium-sized enterprises (SMEs) in expanding their business presence across Asia.
World Bank launches "Listening to" surveys in Armenia
By Globe Banner | Jun 23, 2025
The World Bank has launched a new initiative in the South Caucasus region, specifically in Armenia and Georgia, as part of its global "Listening to" program.
FSB to hold webinar on non-bank financial intermediation risks
By Globe Banner | Jun 23, 2025
The Financial Stability Board (FSB) is set to release its recommendations on July 9, addressing the financial stability risks associated with leverage in non-bank financial intermediation.
Siemens enhances semiconductor design with new AI technologies
By Globe Banner | Jun 23, 2025
Siemens has announced enhancements to its semiconductor and PCB design portfolio through the introduction of generative and agentic AI technologies.
Morgan Stanley highlights economic resilience amidst uncertainty
By Globe Banner | Jun 20, 2025
Morgan Stanley Investment Management has released new material regarding the current state of risk assets and the global economy.
World Bank supports Sri Lanka's clean energy shift with $150 million initiative
By Globe Banner | Jun 20, 2025
The World Bank Group has approved a $150 million program aimed at supporting Sri Lanka's transition to clean energy.
Morgan Stanley leads $30M investment round in Insight M
By Globe Banner | Jun 20, 2025
Morgan Stanley Investment Management has announced that its 1GT climate private equity strategy has led a $30 million Series E funding round in Insight M. This investment, which aims to support Insight M's growth, includes participation from...
NCUA liquidates Soul Community Federal Credit Union due to insolvency
By Globe Banner | Jun 20, 2025
The National Credit Union Administration (NCUA) has liquidated Soul Community Federal Credit Union, located in Austell, Georgia.
Leadership program reshapes governance in Cambodia
By Globe Banner | Jun 20, 2025
In 2021, senior Cambodian officials embarked on the Leadership and Innovation Program (LIP), initially met with skepticism due to past reform efforts that failed to deliver substantial change.
Kyrgyz Republic collaborates with World Bank for energy reform initiatives
By Globe Banner | Jun 20, 2025
The Kyrgyz Republic is collaborating with the World Bank Group to advance reforms in energy development and sustainable growth.
Sun Life announces conversion results for preferred shares series
By Globe Banner | Jun 20, 2025
Sun Life Financial Inc. has announced the results of its conversion privilege for Class A Non-cumulative Rate Reset Preferred Shares Series 8R and Class A Non-cumulative Floating Rate Preferred Shares Series 9QR.
World Bank approves $500 million loan for reforms in Bangladesh
By Globe Banner | Jun 20, 2025
The World Bank has approved a $500 million financing package to enhance transparency and accountability in Bangladesh's public institutions, as well as to improve corporate governance and stability within the financial sector.
KfW IPEX-Bank finances new vessels for offshore wind service provider Cadeler
By Globe Banner | Jun 20, 2025
KfW IPEX-Bank, as part of a consortium of commercial banks, has financed two wind turbine installation vessels (WTIV) for the Danish company Cadeler.
Brennan Kennedy appointed chief actuary at Sun Life
By Globe Banner | Jun 19, 2025
Sun Life Financial Inc. has announced the appointment of Brennan Kennedy as Senior Vice-President and Chief Actuary, effective October 4, 2025.
World Bank calls for urgent reforms in resource-rich CEMAC region
By Globe Banner | Jun 19, 2025
The World Bank has released a new report highlighting the need for reforms in the CEMAC region to boost economic growth, create jobs, and reduce poverty.
World Bank urges changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly relying on off-budget and complex borrowing arrangements due to a tighter financing environment, according to a new World Bank report on debt transparency.
Siemens lists energy business on India's National Stock Exchange
By Globe Banner | Jun 19, 2025
Siemens has successfully listed its energy business in India, marking a significant milestone with the listing of Siemens Energy India Limited on the National Stock Exchange of India.
Maile Carnegie announces retirement from ANZ after nine years
By Globe Banner | Jun 19, 2025
ANZ has announced that Maile Carnegie will retire from her role as Group Executive Australia Retail on July 1, 2025.
World Bank report examines Mauritania's economy amid challenges
By Globe Banner | Jun 19, 2025
NOUAKCHOTT, JUNE 19, 2025 - The World Bank Group has released the eighth edition of its Mauritania Economic Update.