Banking & Financial Services News on Globe Banner

Latest News


Banking & Financial Services

German start-ups raise €7.4B as venture capital market shows recovery

The German venture capital market showed signs of recovery in 2024, with start-ups raising approximately EUR 7.4 billion, a 4% increase from the previous year.


Banking & Financial Services

World Bank funds projects for health services improvement in Sudan

The World Bank has approved two projects totaling $182 million to improve health services and provide emergency safety nets in Sudan.


Banking & Financial Services

Fubon Group celebrates employees with appreciation party featuring music and green initiatives

Fubon Group recently held an Appreciation Party at the Nangang Exhibition Center to honor its employees' dedication over the past year.


Banking & Financial Services

RBC Wealth Management celebrates inclusion in Forbes' Best-In-State rankings

RBC Wealth Management, a major full-service wealth management firm in the United States, announced that 125 of its financial advisor teams have been recognized in Forbes' "Best-In-State Wealth Management Teams" ranking.


Banking & Financial Services

World Bank official expresses optimism for Kosovo's progress toward 2025

Massimiliano Paolucci, the World Bank Country Manager for Kosovo and North Macedonia, expressed optimism for Kosovo's future in a recent op-ed.


Banking & Financial Services

NCUA offers support as wildfires impact Los Angeles area credit unions

As wildfires continue to affect the Greater Los Angeles area, the National Credit Union Administration (NCUA) is actively monitoring the situation and offering resources to support impacted credit unions.


Banking & Financial Services

BMO extends financial aid for wildfire relief efforts in Los Angeles

BMO has announced an extension of its support for communities impacted by the wildfires in the Los Angeles area.


Banking & Financial Services

NCUA places Butler Heritage Federal Credit Union into conservatorship

The National Credit Union Administration (NCUA) has placed Butler Heritage Federal Credit Union, located in Middletown, Ohio, into conservatorship due to unsafe and unsound practices.


Banking & Financial Services

Morgan Stanley promotes 173 employees to managing director positions

Morgan Stanley has announced the promotion of 173 professionals to the position of Managing Director.


Banking & Financial Services

Business owners face challenges in finding successors

More business owners in Germany are considering closing their operations due to difficulties in finding successors.


Banking & Financial Services

Binance announces quarter-billion user milestone in 2024

Binance announced it surpassed 250 million registered users in 2024, marking a milestone in global cryptocurrency adoption.


Banking & Financial Services

Former CFTC Chairman: 'Crypto exchanges play a role' in preventing illicit activity

Former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad said that cryptocurrency exchanges can help prevent illicit activity by implementing controls such as know-your-customer (KYC) and anti-money laundering (AML) requirements.



Banking & Financial Services

Siemens wins €670m contracts for UK's new high-speed rail project

Siemens Mobility has been awarded four contracts valued at €670 million by HS2 Ltd, marking a significant step in the development of Britain's second high-speed rail line.


Banking & Financial Services

Fubon Financial Holdings reports record-breaking earnings for December 2024

Fubon Financial Holdings has reported its earnings for December 2024, revealing a consolidated pre-tax profit of NT$12.61 billion and a net profit of NT$10.51 billion for the month.


Banking & Financial Services

KfW IPEX-Bank backs RIVE's expansion in rail sector with €270 million financing

RIVE Private Investment, a European investment firm, is expanding its railway sector activities with an additional €270 million in senior financing.


Banking & Financial Services

Standard Chartered opens Luxembourg entity for EU digital asset custody

Standard Chartered has announced the establishment of a new entity in Luxembourg, which will serve as its regulatory entry point for providing crypto and digital asset custody services to clients within the European Union.


Banking & Financial Services

Report explores financing climate action for transportation in developing nations

Transport plays a vital role in the development of nations, yet it is a significant source of greenhouse gas emissions.


Banking & Financial Services

ERP Start-up Loan expands to include part-time businesses

Good news for aspiring entrepreneurs as the ERP Start-up Loan - StartGeld has expanded its eligibility criteria since January 1, allowing more new business owners to apply.


Banking & Financial Services

Armenia's roadmap: transition from gas dependency to sustainable growth

The Country Climate and Development Report (CCDR) for Armenia provides an analysis of the country's climate and development challenges, offering a roadmap towards a cleaner environment, energy security, and economic resilience.