Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

World Bank offers strategies for sustainable growth in Sierra Leone amid climate threats

The World Bank has introduced two significant reports aimed at guiding Sierra Leone toward sustainable growth amidst climate challenges.


Banking & Financial Services

Siemens and COIMA revamp Pirelli 35 with significant energy savings

Siemens and COIMA have successfully transformed the historic "Pirelli 35" building in Milan's Porta Nuova district into a modern, energy-efficient structure.


Banking & Financial Services

World Bank invests over $2 billion in Indonesia's economy growth

The World Bank has approved two major investments totaling $2.128 billion to stimulate job creation, economic growth, and clean energy access in Indonesia.


Banking & Financial Services

Yuanta Financial Holding approves dividends and elects new board at annual meeting

Yuanta Financial Holding Company held its 2025 Annual General Meeting of Shareholders on June 13.


Banking & Financial Services

Yuanta Financial Holding approves dividends at annual meeting; elects new board

Yuanta Financial Holding Company held its 2025 Annual General Meeting of Shareholders on June 13.


Banking & Financial Services

Fubon Financial announces dividends approval amid record profits

Fubon Financial Holdings conducted its annual shareholders' meeting on June 13, 2025.


Banking & Financial Services

Fubon Financial announces key dates for cash and stock dividends

Fubon Financial Holdings announced the schedule for its 2024 dividend distribution following its shareholders' meeting on June 13, 2025.


Banking & Financial Services

Active management's edge in fixed income markets amid rising volatility

In the realm of fixed income investing, active management appears to hold a distinct advantage over passive strategies.


Banking & Financial Services

Women make strides in Somalia's male-dominated construction industry

In Mogadishu, Somalia's capital, the construction industry is witnessing a shift as women begin to break into the traditionally male-dominated field.


Banking & Financial Services

World Bank approves $34.5M for Bhutan's renewable natural resource transformation

The World Bank has approved $34.5 million in financing to support Bhutan's efforts to enhance value addition and employment in its agriculture, livestock, and forestry sectors.


Banking & Financial Services

World Bank: Myanmar faces economic contraction after March earthquake

Myanmar is grappling with significant economic challenges following the earthquake in March, according to a recent World Bank report.


Banking & Financial Services

Mortgage and rental spending growth slows down again

Data from Barclays Property Insights reveals a slowdown in the growth of consumer spending on rent and mortgages for the third consecutive month in May, with a year-on-year increase of 4.6%, compared to April's 5.2%.


Banking & Financial Services

World Bank outlines economic reform recommendations for Kyrgyz Republic

The World Bank has released its Country Economic Memorandum (CEM) for the Kyrgyz Republic, a detailed analytical report aimed at identifying key constraints to economic growth and suggesting reform directions.


Banking & Financial Services

FSB chair reflects on challenges in maintaining global financial stability

The Chair of the Financial Stability Board (FSB) delivered a comprehensive address reflecting on the state of financial stability, drawing parallels to a parable by David Foster Wallace.


Banking & Financial Services

World Bank approves $70M credit for Pakistan's revenue enhancement

The World Bank has announced an additional $70 million credit for the Pakistan Raises Revenue project, aiming to enhance domestic revenue collection and improve tax compliance in Pakistan.


Banking & Financial Services

World Bank pledges support for Ukraine's integration into European food system

Vienna, Austria - June 11, 2025 Anna Bjerde, World Bank Managing Director of Operations, addressed the High-Level Dialogue on Vision for Ukraine’s Future in the European Food System.


Banking & Financial Services

Consumer confidence rises slightly amid mixed economic indicators

Consumer confidence experienced a slight increase last week, rising by 0.3 points to reach 86.7 points.


Banking & Financial Services

Sympower CEO Simon Bushell discusses inequality, investment advice, and partnership with Activate

Welcome to our Meet the CEO series, featuring interviews with leaders from Activate portfolio companies.


Banking & Financial Services

ANZ launches first nations strategy aiming for $50 billion Indigenous economy

ANZ has introduced 'Fuelling the Fire', its first-ever First Nations Strategy, marking a significant initiative within the Australian banking sector.


Banking & Financial Services

Yuanta FHC earns fifth straight CDP A-List honor amid ongoing push for net-zero

Yuanta Financial Holding Company (FHC) has been named a CDP A-List company for the fifth consecutive year and has remained in the Leadership Level for seven years, surpassing other financial institutions in Taiwan.