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Banking & Financial Services

Sun Life partners with Wellthy on end-of-life planning services

Sun Life U.S., a prominent group benefits provider, has announced a partnership with Wellthy, a care concierge platform.


Banking & Financial Services

NAB introduces selfie verification for new online accounts in effort against fraud

New customers at National Australia Bank (NAB) will soon be required to take a selfie as part of an updated process for opening accounts or products online.


Banking & Financial Services

NAB survey shows wellbeing rebound amid cost-of-living pressures

Australians are showing signs of recovery from earlier declines in wellbeing, according to the National Australia Bank's (NAB) latest Wellbeing Survey for the second quarter of 2025.


Banking & Financial Services

NAB introduces selfie-based identity checks for new online accounts

New customers at National Australia Bank (NAB) will now be required to take a selfie when opening an account or product online, as part of the bank’s latest effort to combat fraud and scams.


Banking & Financial Services

NAB launches month-long internal campaign focused on data and artificial intelligence education

NAB is set to host over 40 events and activities throughout August aimed at increasing its employees’ knowledge of data and artificial intelligence (AI).


Banking & Financial Services

Klaas Knot discusses financial innovation at G30 Plenary

Klaas Knot, Chair of the Financial Stability Board (FSB), recently addressed the 93rd G30 Plenary, discussing the intersection of financial innovation and stability.


Banking & Financial Services

Petraeus calls for increased European defense responsibility

Speaking at an Orange live client event in Amsterdam, General Petraeus emphasized the importance of Europe taking greater responsibility for its own defense.


Banking & Financial Services

Property market shows signs of recovery amid winter months

We are observing signs of a revival in Australia's property market despite the winter season.


Banking & Financial Services

World Bank approves $100M credit for climate resilience project in Guinea

The World Bank Group has approved a $100 million International Development Association (IDA) credit for the Kounki Fisheries and Aquaculture Project in Guinea.


Banking & Financial Services

Macquarie and BCI finalize acquisition of recycling firm Renewi

Macquarie Asset Management and British Columbia Investment Management Corporation (BCI) have completed the acquisition of Renewi, a company focused on recycling waste into reusable materials.


Banking & Financial Services

HSBC announces leadership changes with upcoming retirement of Sir Mark Tucker

HSBC Holdings plc has announced updates regarding the succession of its Group Chairman.


Banking & Financial Services

Sun Life appoints Lay Hoon Tan as CEO for its Vietnam operations

Sun Life Financial Inc. has announced the appointment of Lay Hoon Tan as the new CEO of Sun Life Vietnam, pending regulatory approval.


Banking & Financial Services

World Bank supports community-driven development in Tajikistan with $25 million grant

The World Bank has announced the approval of additional financing through the International Development Association (IDA) to support local communities in Tajikistan.


Banking & Financial Services

DRC receives $19.47M from World Bank to reduce deforestation emissions

The Democratic Republic of Congo (DRC) has received $19.47 million from the World Bank's Forest Carbon Partnership Facility (FCPF) for its efforts in reducing 3.89 million tons of carbon emissions through forest protection and restoration in the...


Banking & Financial Services

NCUA announces tentative date for upcoming board meeting

The National Credit Union Administration (NCUA) has announced that its next Board of Directors meeting is tentatively scheduled for July 24, 2025, at 10:00 am Eastern.


Banking & Financial Services

NAB's AI tool improves customer interaction with personalized banking services

It is not common for banks to communicate in a way that feels personal, but NAB's Customer Brain aims to achieve this.


Banking & Financial Services

Fubon Financial reports strong Q1 results; subsidiaries show robust growth

Fubon Financial Holdings has reported a strong financial performance for the first quarter of 2025, recording a net income of NT$41.06 billion and an earnings per share (EPS) of NT$3.


Banking & Financial Services

Solomon Islands joins World Bank's regional financial access initiative

Solomon Islands has joined a World Bank initiative aimed at enhancing correspondent banking relationships in the Pacific region.


Banking & Financial Services

Credit union assets and loans see growth in first quarter of 2025

The National Credit Union Administration (NCUA) has released its financial performance data for the first quarter of 2025, showing an increase in total assets and loans outstanding for federally insured credit unions.


Banking & Financial Services

Record loan supports major Indonesian data center project

DBS and UOB have arranged a significant loan facility of IDR 6.7 trillion (SGD 530 million) to support the development of a new data centre campus in Batam, Indonesia.