Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

Standard Chartered partners with Wise Platform for improved cross-border payments

Standard Chartered has announced a partnership with Wise Platform to enhance its cross-border payment service, SC Remit.


Banking & Financial Services

ING progresses with €2 billion share buyback program

ING has provided an update on its €2.0 billion share buyback program, originally announced on October 31, 2024.


Banking & Financial Services

BayernLB and KfW IPEX-Bank finance new electric trains for Ostsee-Alster network

BayernLB and KfW IPEX-Bank are collaborating to finance the acquisition of 18 electric double-deck trains for the Ostsee-Alster network.


Banking & Financial Services

Sahelian leaders highlight importance of pastoralism for regional stability

Today, pastoralism is a key focus for the Sahel and West Africa, as highlighted by Mohamed Ould El-Ghazaouani, President of Mauritania; Mahamat Idriss Déby, President of Chad; and Ousmane Diagana, World Bank Vice-President for West and Central...


Banking & Financial Services

World Bank backs climate initiatives across East Asia-Pacific region

The East Asia and Pacific (EAP) region, known for its vulnerability to climate-related extreme weather events, plays a crucial role in global climate change efforts.


Banking & Financial Services

Senegal urged to prioritize climate action for economic growth

A recent report by the World Bank Group emphasizes the economic and social advantages of climate action in Senegal, aligning with its Vision 2050 development plan.


Banking & Financial Services

Morgan Stanley's E*TRADE reveals monthly sector rotation study results

E*TRADE from Morgan Stanley has published its monthly sector rotation study, which analyzes the buying and selling behaviors of E*TRADE customers concerning stocks within the S&P 500 sectors.


Banking & Financial Services

UK retail sees modest recovery in October amid rising entertainment spend

Retail spending in the UK showed signs of recovery in October, with a 0.7% year-on-year increase, as reported by Barclays Consumer Spend.


Banking & Financial Services

Blackstone announces leadership changes at tactical opportunities division

Blackstone has announced a leadership transition within its Tactical Opportunities division.


Banking & Financial Services

Senegal faces hurdles in balancing growth with climate challenges

Climate change presents significant challenges to Senegal's development, according to a recent report.


Banking & Financial Services

Dominican farmer rebuilds after Hurricane Maria with support from resilience project

Helen Charles, a farmer from Dominica, has embarked on a journey of recovery and resilience after Hurricane Maria devastated her family farm in 2017.


Banking & Financial Services

Morgan Stanley opens new office in Mumbai enhancing workspace efficiency

Morgan Stanley has opened a new office in Mumbai, situated at Commerz III, International Business Park within Oberoi Garden City in Goregaon.


Banking & Financial Services

World Bank report highlights Guinea-Bissau's challenges amid natural wealth

Guinea-Bissau possesses significant natural resources, boasting the highest natural capital per capita in West Africa.


Banking & Financial Services

Sun Life announces increased dividends for Q4 2024

The Board of Directors of Sun Life Financial Inc. has announced an increase in the dividend for its common shares.


Banking & Financial Services

Western Balkans seek resilience against climate change with strategic urban planning

The Western Balkans face increasing challenges from climate change, with extreme weather events becoming more frequent since the 2000s.


Banking & Financial Services

World Bank launches second phase of job-creating infrastructure project in Solomon Islands

A new phase of the World Bank's Community Access and Urban Services Enhancement Project II (CAUSE II) is set to create 120,000 labor days and provide employment for 15,000 individuals in the Solomon Islands.


Banking & Financial Services

World Bank considers support for DRC's transformative Inga hydropower project

The Democratic Republic of Congo (DRC) is exploring the potential of its Inga hydropower site, which could transform the nation's energy landscape.


Banking & Financial Services

Guinea-Bissau urged to strengthen institutions for climate resilience

Strengthened institutional and financial systems are vital for fostering climate resilience and sustainable development in Guinea-Bissau, according to the newly launched Country Climate and Development Report (CCDR).


Banking & Financial Services

World Bank partners with SECO on $5 million grant for Vietnam's urban development

The Swiss government and the World Bank have formalized an agreement to foster sustainable urban development in Viet Nam through a $5 million grant.


Banking & Financial Services

Prudential and Standard Chartered celebrate quarter-century partnership

Prudential plc and Standard Chartered Bank mark the 25th anniversary of their strategic bancassurance partnership, a collaboration that spans 11 markets across Asia and Africa.