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Banking & Financial Services

FSB introduces new tools for assessing climate-related risks in finance

The Financial Stability Board (FSB) has released a report detailing an analytical framework and toolkit designed to assess climate-related vulnerabilities within the global financial system.


Banking & Financial Services

Cameroon advances towards affordable universal electricity with Nachtigal Hydropower Plant

In the early hours of the day, Sandrine Nguele, a senior nurse, attends to patients at the medical center in Batchenga.


Banking & Financial Services

Siemens expands private 5G infrastructure for diverse industrial sectors

Siemens has announced an expansion of its private industrial 5G infrastructure, now supporting up to 24 radio units.


Banking & Financial Services

Barclays appoints Pier Luigi Colizzi as global chairman of investment banking

Barclays has announced the appointment of Pier Luigi Colizzi as a Global Chairman of Investment Banking.


Banking & Financial Services

World Bank's Emanuel Salinas reflects on achievements and challenges in Albania

In a recent interview with Monitor Magazine, Emanuel Salinas, the outgoing World Bank Country Manager for Albania, reflected on his tenure and the challenges faced by the country.


Banking & Financial Services

German SMEs face rising challenges accessing loans amid restrictive banking practices

Small and medium-sized enterprises (SMEs) in Germany are facing increasing challenges in accessing loans, according to recent findings.


Banking & Financial Services

World Bank settles with regional warning system over project conduct

The World Bank Group has reached a settlement with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) concerning conduct related to two projects: the Bhutan Hydromet Services and Disaster Resilience Regional...


Banking & Financial Services

Business chambers unite for cross-border investments in Southeast Asia

The Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), and UOB have signed a Memorandum of Understanding (MOU) to enhance cross-border business collaboration.


Banking & Financial Services

Nordea to announce financial results for Q4 and full year 2024

Nordea is set to release its fourth-quarter and full-year results for 2024 on January 30.


Banking & Financial Services

NCUA Board approves annual performance plan to guide future operations

The National Credit Union Administration (NCUA) Board conducted its first open meeting of the year on January 16, 2025, where it unanimously approved the agency's 2025 Annual Performance Plan.


Banking & Financial Services

AI expansion may triple US data-centre usage by 2030

Barclays Research has released a new report in its Impact Series, titled "AI revolution: Meeting massive AI infrastructure demands."


Banking & Financial Services

NCUA releases research note on overdraft and NSF fees at credit unions

The National Credit Union Administration (NCUA) has released a Research Note analyzing overdraft and non-sufficient funds (NSF) fees at credit unions.


Banking & Financial Services

World Bank debars Nigerian firms over corruption charges

The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and Chief Executive Officer, Mr. Norman Bwuruk Didam.


Banking & Financial Services

World Bank supports Djibouti with $20 million grant for finance governance

The World Bank has approved a $20 million grant from the International Development Association (IDA) to support Djibouti in enhancing its public finance governance and digital services.


Banking & Financial Services

Morgan Stanley schedules Q4 and full year results discussion for January

Morgan Stanley is set to discuss its fourth quarter and full year 2024 financial results in a conference call scheduled for January 16, 2025, at 8:30 a.m. Eastern Time.


Banking & Financial Services

Financial wellness tips for the new year from RBC Wealth Management

As the new year begins, many individuals are considering resolutions related to wellness, including financial health.


Banking & Financial Services

Siemens supports Italy's transition to green mobility with key electrification projects

Siemens eMobility is advancing Italy's green mobility initiatives through two significant electrification projects.


Banking & Financial Services

World Bank approves $257 million for Lebanese water supply improvements

The World Bank's Board of Executive Directors has approved a $257.8 million financing package to enhance water supply services in the Greater Beirut and Mount Lebanon area.


Banking & Financial Services

Sun Life earns top score for LGBTQ+ workplace equality for 16th consecutive year

Sun Life U.S. has achieved a perfect score on the Human Rights Campaign's Corporate Equality Index (CEI) for the 16th year in a row, earning the Equality 100 Award.


Banking & Financial Services

Cabo Verde's new report outlines path for sustainable development amid climate challenges

PRAIA, January 15, 2025 – Cabo Verde is focusing on building resilience and accelerating a low-carbon transition as part of its sustainable development strategy.