Latest News
World Bank Group accelerates $4 billion support for Argentina's economic reforms
By Globe Banner | Sep 28, 2025
The World Bank Group has announced an acceleration of its support for Argentina, with plans to provide up to $4 billion in the coming months.
World Bank report notes decline in poverty but highlights job creation issues in Tajikistan
By Globe Banner | Sep 28, 2025
Tajikistan has made significant progress in reducing poverty over the past decade, according to a new report from the World Bank.
World Bank report finds varied trends in global port performance from 2020 to 2024
By Globe Banner | Sep 27, 2025
Port performance worldwide experienced a decline from 2020 to 2024, according to the latest Container Port Performance Index (CPPI) report released by the World Bank Group and S&P Global Market Intelligence.
World Bank urges better resource management for higher living standards in Republic of Congo
By Globe Banner | Sep 27, 2025
The Congolese economy recorded a real GDP growth rate of 2.6% in 2024, resulting in a moderate rise in per capita income for the first time since 2016.
Agroforestry projects expand job creation and forest restoration in the Democratic Republic of Congo
By Globe Banner | Sep 27, 2025
The Improved Forested Landscape Management Project (IFLMP), launched in 2014 with funding from the Climate Investment Fund’s Forest Investment Program and additional support from the Global Environment Facility and the Central African Forest...
Congo urged to diversify economy as oil dependency poses long-term risks
By Globe Banner | Sep 27, 2025
Congo’s economy grew by 2.6% in 2024, marking the first rise in real income per capita since 2016, according to a new economic update.
Central Singapore CDC partners with UOB for district-wide drive on financial literacy
By Globe Banner | Sep 27, 2025
Central Singapore Community Development Council (CS CDC) and United Overseas Bank (UOB) have launched a new partnership to promote financial literacy and resilience among residents.
World Bank releases fifth annual Container Port Performance Index highlighting global supply chain trends
By Globe Banner | Sep 26, 2025
Container ports play a central role in global supply chains by handling merchandise and semi-finished products.
BMO survey finds young American families face growing multigenerational financial pressures
By Globe Banner | Sep 25, 2025
American families are increasingly facing complex financial responsibilities that span multiple generations, according to new data from the BMO Real Financial Progress Index.
Barclays report suggests increased SME investment could add £60 billion annually to UK economy
By Globe Banner | Sep 25, 2025
Barclays has released a new report indicating that if small and medium-sized enterprises (SMEs) in the UK increased their investment rates to match those of larger companies, it could generate an additional £60 billion per year for the UK economy.
DB Insurance announces acquisition agreement with U.S.-based specialty insurer Fortegra
By Globe Banner | Sep 25, 2025
DB Insurance has announced an agreement to acquire Fortegra, a specialty insurer based in Jacksonville, Florida.
Howden Re leaders discuss rising risks from ‘forever chemicals’ for European insurance
By Globe Banner | Sep 25, 2025
Wolfram-Ferdinand Shultz, Head of Casualty Treaty for Continental Europe at Howden Re, and Kalle Pohls, Head of Liability and Claims at Howden, have discussed the growing implications of per- and polyfluoroalkyl substances (PFAS), also known as...
HSBC and IBM achieve breakthrough in applying quantum computing to bond trading
By Globe Banner | Sep 25, 2025
HSBC and IBM have reported a significant advance in the use of quantum computing for financial services.
Macquarie Group pledges full repayment for Shield Master Fund investors
By Globe Banner | Sep 25, 2025
Macquarie Group has announced it will facilitate the repayment of 100% of the net capital invested in the Shield Master Fund by clients who invested through its wrap platform.
NCUA stops using reputational risk in supervisory process following executive order
By Globe Banner | Sep 25, 2025
The National Credit Union Administration (NCUA) has announced it will no longer use reputation risk or similar concepts in its examination and supervisory process.
Jarad Madea discusses M&A trends and capital markets innovation at Monte Carlo conference
By Globe Banner | Sep 25, 2025
Jarad Madea, CEO of Howden Capital Markets and Advisory, discussed the evolving landscape of capital markets and mergers and acquisitions (M&A) in the reinsurance sector during an interview with Richard Banks of AM Best TV at the Rendez-Vous de...
Sustainability leaders recognized at annual awards organized by UOB
By Globe Banner | Sep 25, 2025
Eleven individuals and organizations were honored for their achievements in sustainable development at the 2025 Sustainability Impact Awards, held on September 25, 2025.
Warburg Pincus partners on new hyperscale data center project near Seoul
By Globe Banner | Sep 25, 2025
Warburg Pincus, in partnership with South Korean data center developer DC Connects and Seoul-based asset manager Wide Creek AMC, has acquired a greenfield site in Yongin City to build an 80-megawatt hyperscale data center.
Howden Re executive discusses changes in reinsurance market cycle
By Globe Banner | Sep 25, 2025
David Flandro, Head of Industry Analysis and Strategic Advisory at Howden Re, recently spoke with Antonio Grimaldi, Partner at McKinsey & Company, about the current state of the reinsurance market and industry priorities discussed in Monte Carlo.
Seventeen African countries commit to expanding electricity access under World Bank-led Mission 300
By Globe Banner | Sep 24, 2025
Seventeen African countries have pledged to implement reforms and develop actionable plans to expand electricity access as part of Mission 300, a partnership led by the World Bank Group and African Development Bank Group.