Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

Report reveals complexity rise in Canadian long-term disability claims

The latest report from Sun Life's Designed for Health series highlights a concerning trend in long-term disability (LTD) claims among Canadians.


Banking & Financial Services

Lebanon Economic Monitor outlines action plan for government reform

The Spring 2025 edition of the Lebanon Economic Monitor (LEM), titled "Turning the Tide?


Banking & Financial Services

World Bank boosts funding for ASEAN Power Grid projects with $7.7 million grant

The World Bank has announced an additional $7.7 million grant from the International Development Association for the ASEAN Centre for Energy (ACE) to support ASEAN Power Grid projects.


Banking & Financial Services

World Bank calls for fundamental changes in global debt transparency practices

The World Bank has released a new report highlighting the increasing reliance of developing economies on off-budget and complex borrowing mechanisms.


Banking & Financial Services

Macquarie to acquire stakes in three major UK airports

Macquarie Asset Management has announced an agreement to acquire stakes in three UK airports: Bristol, Birmingham, and London City.


Banking & Financial Services

World Bank aids Turkish firms amid pandemic and earthquake challenges

The World Bank has provided substantial support to Turkish firms in response to the COVID-19 pandemic and the 2023 earthquakes.


Banking & Financial Services

Macquarie Asset Management launches new international core equity ETF

Macquarie Asset Management has introduced a new exchange-traded fund (ETF), the Macquarie Focused International Core Equity ETF (EXUS).


Banking & Financial Services

Morgan Stanley launches European private income fund

Morgan Stanley has announced the launch of its new European Private Income Fund.


Banking & Financial Services

World Bank program boosts job opportunities for Rwandan youth

A young girl named Joy, who once sold oranges on the streets of Kigali due to financial hardship, has found new opportunities through the World Bank's Rwanda Priority Skills for Growth Program-for-Results (PSG).


Banking & Financial Services

World Bank urges focus on scaling up global energy efficiency

Harnessing the potential of energy efficiency in developing countries could fast-track affordable and secure energy, strengthen economies, and create jobs, according to a new World Bank report.


Banking & Financial Services

Macquarie launches focused international core ETF aiming for consistent returns

Macquarie Asset Management has launched the Macquarie Focused International Core ETF (EXUS), expanding its active exchange-traded fund (ETF) platform.


Banking & Financial Services

UOB joins CIPS for enhanced cross-border renminbi services

UOB and its subsidiary, UOB China, have entered into agreements to become direct participants in China's Cross-border Interbank Payment System (CIPS).


Banking & Financial Services

Refugee support programs continue amid global displacement crisis

World Refugee Day is observed annually on June 20, serving as a reminder of the universal right to protection for all individuals, regardless of their origin or circumstances.


Banking & Financial Services

NCUA places Aldersgate Federal Credit Union under conservatorship

The National Credit Union Administration (NCUA) has placed Aldersgate Federal Credit Union, located in Marion, Illinois, into conservatorship.


Banking & Financial Services

World Bank debars Iranian company over fraudulent practices in Afghan projects

The World Bank Group has announced the debarment of Pars Tableau Joint Stock Company, an Iran-based supplier and general contractor, for a period of 63 months.


Banking & Financial Services

Sun Life launches Expert Cancer Review for second opinions on diagnoses

Sun Life U.S. has announced the launch of its Expert Cancer Review service, aimed at providing members with a second opinion from an independent oncology specialist when faced with a cancer diagnosis.


Banking & Financial Services

Macquarie finalizes over $8 billion closure for infrastructure fund

Macquarie Asset Management has finalized the closure of Macquarie Infrastructure Partners VI (MIP VI), securing over $8 billion in total commitments.


Banking & Financial Services

Social protection programs in DRC foster entrepreneurship amid poverty

Social protection programs in the Democratic Republic of Congo (DRC) are being reimagined as catalysts for entrepreneurship, job creation, and income diversification.


Banking & Financial Services

Societe Generale forms scientific advisory council with diverse experts

Societe Generale has announced the members of its newly formed Scientific Advisory Council, a body established to provide science-based advice on emerging trends affecting the Group's business and activities.


Banking & Financial Services

World Bank launches "Listening to Georgia" initiative with Swedish support

The World Bank has launched a new initiative called "Listening to Georgia," as part of its global "Listening to" program.