Latest News
Swiss Re posts $1.3 billion Q1 profit amid large catastrophe claims
By Globe Banner | May 16, 2025
Swiss Re has reported a net income of USD 1.3 billion for the first quarter of 2025, an increase from USD 1.1 billion in the same period last year.
World Bank supports Tonga's fiscal sustainability with $12 million grant
By Globe Banner | May 16, 2025
Tongans are set to benefit from a new phase of World Bank support designed to bolster public finances, enhance energy efficiency, and improve disaster preparedness.
Syria's debt to World Bank cleared by Saudi Arabia and Qatar
By Globe Banner | May 16, 2025
Effective May 12, 2025, Syria's outstanding debt of approximately $15.5 million to the International Development Association (IDA) has been cleared.
Report highlights challenges for Croatian women's workforce participation
By Globe Banner | May 16, 2025
Over the past decade, the labor market situation for Croatian women has improved significantly, nearing European Union (EU) averages.
World Bank approves $275M package for Pernambuco's fiscal improvement
By Globe Banner | May 16, 2025
The World Bank has approved a financing package to aid the State of Pernambuco in Brazil.
World Bank highlights urgent need for increased funding against global food crises
By Globe Banner | May 16, 2025
The World Bank Senior Managing Director, Axel van Trotsenburg, delivered remarks at the launch of the Global Report on Food Crises 2025.
Carl Kingston named Country Head for ANZ operations in India
By Globe Banner | May 16, 2025
ANZ has announced the appointment of Carl Kingston as the Country Head for ANZ India. Mr. Kingston, who joined ANZ in 2006, has played a key role in developing the bank's Financial Institutions Group (FIG) business in both London and Sydney,...
Standard Chartered appoints Jennifer Lassiter as head of digital assets
By Globe Banner | May 16, 2025
Standard Chartered has announced the appointment of Jennifer Lassiter as Head of Digital Assets for Europe and the Americas.
Croatia addresses youth unemployment with new policy recommendations
By Globe Banner | May 16, 2025
Croatia is facing significant challenges in its labor market, characterized by a shortage of workers and inadequate skills among the existing workforce.
World Bank Group launches childcare survey in Klang Valley & Selangor
By Globe Banner | May 15, 2025
The World Bank Group's Inclusive Growth and Sustainable Finance Hub in Malaysia is undertaking a comprehensive childcare survey.
Standard Chartered targets growth with new initiatives in corporate banking
By Globe Banner | May 15, 2025
Standard Chartered is set to host an Investor Seminar focusing on its Corporate & Investment Banking (CIB) division.
Public asset managers discuss challenges at World Bank RAMP Executive Forum
By Globe Banner | May 15, 2025
Central bank reserve managers and public asset managers from pension funds, sovereign wealth funds, and international financial institutions gathered in Washington, DC for the World Bank’s Reserve Advisory & Management Partnership (RAMP) 21st...
Armenia invests heavily in healthcare modernization targeting non-communicable diseases
By Globe Banner | May 15, 2025
Armenia is taking significant steps to improve its healthcare system, focusing on tackling non-communicable diseases (NCDs) such as cancer, diabetes, and chronic respiratory illnesses.
Siemens reports Q2 FY25 results; confirms outlook despite economic uncertainties
By Globe Banner | May 15, 2025
Siemens AG has reported its financial results for the second quarter of fiscal year 2025, highlighting growth in orders, revenue, and net income.
Standard Chartered opens representative office in Casablanca
By Globe Banner | May 15, 2025
Standard Chartered has opened a new representative office in Casablanca, Morocco, expanding its presence in the Middle East and North Africa.
KfW IPEX-Bank finances EUR 50 million for IONITY's EV charging expansion
By Globe Banner | May 15, 2025
KfW IPEX-Bank has announced a financing deal with IONITY, providing EUR 50 million to support the expansion of its High Power Charging (HPC) network across Europe.
Morgan Stanley announces dividends on multiple preferred stock series
By Globe Banner | May 15, 2025
Morgan Stanley has announced the declaration of regular dividends on its outstanding preferred stock shares.
World Bank supports Uzbekistan's electricity modernization with $100 million credit
By Globe Banner | May 15, 2025
The World Bank's Board of Executive Directors has approved a $100 million concessional credit to aid Uzbekistan in modernizing its electricity distribution networks.
Sun Life outlines share conversion options ahead of redemption decision
By Globe Banner | May 15, 2025
Sun Life Financial Inc. announced its decision not to redeem its Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR on June 30, 2025.
Morgan Stanley's strategy challenge aids nonprofits with strategic solutions
By Globe Banner | May 15, 2025
Morgan Stanley has announced the winners of its 16th Annual Strategy Challenge, a program designed to support nonprofits with strategic consulting.