Latest News
Standard Chartered completes first HKD blockchain test with Ant International
By Globe Banner | Nov 1, 2024
Standard Chartered and Ant International have successfully completed HKD-denominated intra-group transactions using blockchain technology.
World Bank shifts focus towards resilience-building in Latin America's health sector
By Globe Banner | Nov 1, 2024
The World Bank is transitioning its focus in Latin America and the Caribbean from immediate crisis response to building resilient health systems.
Prudential-Standard Chartered celebrate quarter-century bancassurance alliance
By Globe Banner | Nov 1, 2024
Prudential plc and Standard Chartered Bank are marking the 25th anniversary of their strategic bancassurance partnership, which spans 11 markets across Asia and Africa.
World Bank supports Samoa's digital growth with $20M grant
By Globe Banner | Nov 1, 2024
A new initiative by the World Bank aims to support digital transformation in Samoa with a grant of $20.05 million.
Potential impact of Trump presidency on Norwegian krone examined
By Globe Banner | Nov 1, 2024
The value of the Norwegian krone (NOK) could face challenges if Donald Trump secures the presidency, according to a recent analysis.
Salvador Social Project improves access to services for vulnerable populations
By Globe Banner | Nov 1, 2024
In Salvador, Brazil, the city's vulnerable and impoverished populations are a visible presence across various neighborhoods and tourist attractions.
UOB FinLab supports ASEAN GreenTech initiatives with $100K funding
By Globe Banner | Nov 1, 2024
UOB FinLab, the innovation accelerator of United Overseas Bank (UOB), has announced a financial commitment of over $100,000 to support 15 Green Technology (GreenTech) firms.
Fubon showcases innovative FinTech solutions at Taipei 2024 event
By Globe Banner | Nov 1, 2024
Fubon Financial Holdings and its subsidiaries participated in the "FinTech Taipei 2024" event, focusing on their "Run For Green" ESG initiative.
Non-profits now eligible for ERP start-up loan in Germany
By Globe Banner | Nov 1, 2024
The ERP Start-up Loan – StartGeld program is expanding its reach to include non-profit enterprises starting November 1.
Pandemic Fund secures $2.8 billion for pandemic preparedness
By Globe Banner | Oct 31, 2024
The Pandemic Fund has announced a significant mobilization of resources, securing US$2.8 billion in new international financing over the past three months to enhance pandemic prevention, preparedness, and response capabilities in low- and...
KfW IPEX-Bank leads financing for major US offshore wind farm project
By Globe Banner | Oct 31, 2024
KfW IPEX-Bank is playing a significant role in the financing of the Coastal Virginia Offshore Wind Farm project in the United States.
Katherine Easmunt appointed as Chief Ethics Counsel by NCUA Board
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) Board has appointed Katherine Easmunt as the agency's Chief Ethics Counsel, effective November 3.
World Bank launches $593M program supporting Ukrainian SMEs amid ongoing conflict
By Globe Banner | Oct 31, 2024
The World Bank has announced a new initiative to bolster Ukraine's private sector.
NCUA issues prohibition notices against four former credit union employees
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) has issued three consent orders and one prohibition notice in October 2024.
Education Finance Watch reports stagnant global spending per child despite overall increase
By Globe Banner | Oct 31, 2024
The latest Education Finance Watch (EFW) 2024 report, a collaborative effort by the World Bank and UNESCO, highlights a decade-long increase in global education spending.
World Bank: Migration policies crucial for Europe's economic growth amid aging populations
By Globe Banner | Oct 31, 2024
A recent report by the World Bank emphasizes the growing importance of migration in fostering economic growth, enhancing competitiveness, and addressing inequalities in Europe and Central Asia.
World Bank warns of worsening economic crisis in Yemen amid ongoing conflict
By Globe Banner | Oct 31, 2024
Yemen's economy is facing severe challenges as the ongoing conflict, political division, and rising regional tensions worsen the humanitarian and economic crisis.
Societe Generale announces leadership changes with focus on retail banking
By Globe Banner | Oct 31, 2024
Societe Generale has announced significant changes in its management structure.
World Bank approves €635.5M package to boost Benin’s growth
By Globe Banner | Oct 31, 2024
The World Bank has approved a €635.5 million financing package through the International Development Association (IDA) to support Benin's efforts in strengthening private sector-led growth, boosting domestic revenue collection, and enhancing...
Group reports EUR 1.4 billion net income for Q3 amid strategic plan execution
By Globe Banner | Oct 31, 2024
Revenues for the third quarter of 2024 reached EUR 6.8 billion, marking a 10.5% increase compared to the same period in 2023.