Latest News
BMO survey finds young American families face growing multigenerational financial pressures
By Globe Banner | Sep 25, 2025
American families are increasingly facing complex financial responsibilities that span multiple generations, according to new data from the BMO Real Financial Progress Index.
Barclays report suggests increased SME investment could add £60 billion annually to UK economy
By Globe Banner | Sep 25, 2025
Barclays has released a new report indicating that if small and medium-sized enterprises (SMEs) in the UK increased their investment rates to match those of larger companies, it could generate an additional £60 billion per year for the UK economy.
DB Insurance announces acquisition agreement with U.S.-based specialty insurer Fortegra
By Globe Banner | Sep 25, 2025
DB Insurance has announced an agreement to acquire Fortegra, a specialty insurer based in Jacksonville, Florida.
Howden Re leaders discuss rising risks from ‘forever chemicals’ for European insurance
By Globe Banner | Sep 25, 2025
Wolfram-Ferdinand Shultz, Head of Casualty Treaty for Continental Europe at Howden Re, and Kalle Pohls, Head of Liability and Claims at Howden, have discussed the growing implications of per- and polyfluoroalkyl substances (PFAS), also known as...
HSBC and IBM achieve breakthrough in applying quantum computing to bond trading
By Globe Banner | Sep 25, 2025
HSBC and IBM have reported a significant advance in the use of quantum computing for financial services.
Macquarie Group pledges full repayment for Shield Master Fund investors
By Globe Banner | Sep 25, 2025
Macquarie Group has announced it will facilitate the repayment of 100% of the net capital invested in the Shield Master Fund by clients who invested through its wrap platform.
NCUA stops using reputational risk in supervisory process following executive order
By Globe Banner | Sep 25, 2025
The National Credit Union Administration (NCUA) has announced it will no longer use reputation risk or similar concepts in its examination and supervisory process.
Jarad Madea discusses M&A trends and capital markets innovation at Monte Carlo conference
By Globe Banner | Sep 25, 2025
Jarad Madea, CEO of Howden Capital Markets and Advisory, discussed the evolving landscape of capital markets and mergers and acquisitions (M&A) in the reinsurance sector during an interview with Richard Banks of AM Best TV at the Rendez-Vous de...
Sustainability leaders recognized at annual awards organized by UOB
By Globe Banner | Sep 25, 2025
Eleven individuals and organizations were honored for their achievements in sustainable development at the 2025 Sustainability Impact Awards, held on September 25, 2025.
Warburg Pincus partners on new hyperscale data center project near Seoul
By Globe Banner | Sep 25, 2025
Warburg Pincus, in partnership with South Korean data center developer DC Connects and Seoul-based asset manager Wide Creek AMC, has acquired a greenfield site in Yongin City to build an 80-megawatt hyperscale data center.
Howden Re executive discusses changes in reinsurance market cycle
By Globe Banner | Sep 25, 2025
David Flandro, Head of Industry Analysis and Strategic Advisory at Howden Re, recently spoke with Antonio Grimaldi, Partner at McKinsey & Company, about the current state of the reinsurance market and industry priorities discussed in Monte Carlo.
Seventeen African countries commit to expanding electricity access under World Bank-led Mission 300
By Globe Banner | Sep 24, 2025
Seventeen African countries have pledged to implement reforms and develop actionable plans to expand electricity access as part of Mission 300, a partnership led by the World Bank Group and African Development Bank Group.
Siemens Mobility appoints Beatrice Bock as CFO following Karl Blaim's departure
By Globe Banner | Sep 24, 2025
Karl Blaim will step down from his role as Chief Financial Officer and Managing Director of Siemens Mobility on November 30, 2025.
Rapid Bitcoin ATM growth is driving financial inclusion in underserved areas
By Globe Banner | Sep 24, 2025
TechBullion has reported that Bitcoin ATMs are contributing to financial inclusion in underserved communities by providing easier access to cryptocurrency in areas with limited banking infrastructure.
QED Investors appoints Enrique Hausmann as principal for European expansion
By Globe Banner | Sep 24, 2025
QED Investors has announced the appointment of Enrique Hausmann as a principal, strengthening its presence in the United Kingdom and Europe.
Barclays signs major deal with UNDO for large-scale carbon removal using rock weathering
By Globe Banner | Sep 24, 2025
Barclays has entered into an agreement with UK-based climate technology company UNDO to permanently remove 6,538 tonnes of carbon dioxide from the atmosphere.
Howden Re’s Rich Miller discusses innovation needs in marine & energy reinsurance markets
By Globe Banner | Sep 24, 2025
Capacity in the marine, energy, and terror reinsurance market remains high, putting downward pressure on pricing.
European MGA sector faces key decisions amid market transformation
By Globe Banner | Sep 24, 2025
The European managing general agent (MGA) sector is experiencing significant changes, according to Enrico Bertagna, managing director of Bowood Europe.
Barclays names Neel Laungani head of financial sponsors for Asia Pacific
By Globe Banner | Sep 24, 2025
Barclays has announced the appointment of Neel Laungani as Head of Financial Sponsors for Asia Pacific.
Morgan Stanley launches education platforms for advisors on taxes and alternative investments
By Globe Banner | Sep 24, 2025
Morgan Stanley Investment Management (MSIM) has launched two new online education centers aimed at supporting financial advisors with resources in investment tax management and alternative investments.