Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

Tonga's education system bolstered by $21 million funding boost

Thousands of students in Tonga are set to benefit from enhanced educational facilities and systems, as the Tonga Safe and Resilient Schools Project receives an additional US$21 million in funding.


Banking & Financial Services

Cabo Verde seeks transformation amid climate challenges with ambitious renewable goals

Cabo Verde, a small island nation in the Atlantic Ocean, is facing significant challenges due to climate change.


Banking & Financial Services

Report highlights challenges and opportunities in global educational technology integration

The global learning and skills crisis remains a significant challenge, with over half of 10-year-olds in low- and middle-income countries unable to read and understand age-appropriate texts.


Banking & Financial Services

EIB partners with Societe Generale to boost investment in Europe's wind industry

The European Investment Bank (EIB) and Societe Generale have announced a new initiative aimed at stimulating investment in the wind energy sector across Europe.


Banking & Financial Services

World Bank provides $30 million grant for earthquake recovery in Vanuatu

The World Bank has announced a $30 million grant to aid Vanuatu's recovery following a 7.3 magnitude earthquake in December.


Banking & Financial Services

World Bank approves $20 million project for Guinea-Bissau's social services

The World Bank has approved a $20 million grant to enhance education, health, and social protection services in Guinea-Bissau.


Banking & Financial Services

Bitget User on 25% asset loss and account freezing: The 'admin just remove my comment'

Payel Dev Shorma, a user of the cryptocurrency exchange Bitget, reported experiencing a 25% loss of assets during the platform's BWB-to-BGB token swap.


Banking & Financial Services

Bison Digital Assets partners with Circle for MiCA-compliant stablecoins

Bison Digital Assets, a subsidiary of Bison Bank based in Lisbon, has announced a partnership with Circle to integrate MiCA-compliant stablecoins into its operations.


Banking & Financial Services

S&P experiences strong performance driven by AI enthusiasm

The S&P 500 experienced another year of strong performance in 2024, marking the second consecutive year with returns of 20 percent or more.


Banking & Financial Services

FSB highlights importance of standardized climate transition plans

The Financial Stability Board (FSB) has released a report titled "The Relevance of Transition Plans for Financial Stability," examining the role of climate transition plans in maintaining financial stability.


Banking & Financial Services

Siemens’ Fürth plant recognized for sustainable innovation by World Economic Forum

The World Economic Forum has recognized Siemens' Fürth location as a Sustainability Lighthouse.


Banking & Financial Services

Sun Life U.S. named top workplace by Boston Globe for seventh year

Sun Life U.S. has been recognized as a Top Workplace by the Boston Globe for the seventh consecutive year.


Banking & Financial Services

Barclays report shows slowing growth in UK rent and mortgage spending

Rent and mortgage spending in the UK saw a modest increase of 1.8% year-on-year in December, marking the slowest growth since August 2024, according to Barclays Property Insights.


Banking & Financial Services

Siemens Mobility earns top marks in EU sustainability reporting

Siemens Mobility has once again achieved top scores in sustainability reporting under the EU Taxonomy.


Banking & Financial Services

Ethiopian women find economic empowerment through urban safety net project

A group of women and girls are actively participating in a handicraft training program at the General Wingate Technical and Vocational Education and Training center.


Banking & Financial Services

Report highlights barriers to Armenia's tech adoption

The adoption of digital technology by firms in Armenia has been evaluated in a report based on the Armenia ICT Survey conducted in 2023.


Banking & Financial Services

ING reports progress on €2 billion share buyback programme

ING has reported progress on its €2.0 billion share buyback programme, which was initially announced on October 31, 2024.


Banking & Financial Services

Applied Digital secures up to $5 billion funding from Macquarie

Macquarie Asset Management has announced a significant partnership with Applied Digital Corporation to provide up to $5 billion in funding for the company's high-performance computing (HPC) initiatives.


Banking & Financial Services

Financial regulators address impact of California wildfires on banks

On January 14, 2025, several financial regulatory agencies issued a statement addressing the impact of the California wildfires and straight-line winds on financial institutions.


Banking & Financial Services

Apollo partners with Standard Chartered for $3B global infrastructure financing

Apollo and Standard Chartered have announced a strategic partnership aimed at bolstering financing for global infrastructure, clean transition, and renewable energy projects.