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Banking & Financial Services

ANZ appoints Lachlan Halstead as new country head for China

ANZ has announced the appointment of Lachlan Halstead as Country Head ANZ China.


Banking & Financial Services

World Bank approves $300M for agribusiness development in Togo

The World Bank Group (WBG) has approved a $300 million initiative to help Togo establish itself as a regional center for agribusiness and animal nutrition.


Banking & Financial Services

Cambodia urged to diversify economy to sustain growth amid global uncertainties

Cambodia's economy has demonstrated resilience amid global uncertainty, with strong exports and a partial revival in private consumption contributing to this stability.


Banking & Financial Services

COIMA's sustainability officer highlights major projects in Milan

Stefano Corbella, a Chartered Engineer and member of the Advisory Board of the DABC department at Politecnico di Milano, currently serves as the Sustainability Officer for COIMA.


Banking & Financial Services

Fubon Financial reports mixed earnings amid currency fluctuations

Fubon Financial Holdings has announced its earnings results for May 2025, reporting an unaudited consolidated net loss of NT$5.79 billion.


Banking & Financial Services

World Bank funds Liberian education initiative with $88.7 million

The World Bank Board has approved financing for the Excellence in Learning in Liberia (EXCEL) Project, aimed at enhancing foundational learning and access in public primary schools.


Banking & Financial Services

KfW IPEX-Bank backs major wind energy project in Québec

KfW IPEX-Bank is contributing EUR 140 million in financing for a wind energy project in Canada.


Banking & Financial Services

World Bank predicts weakest global growth since '08 outside recessions

Heightened trade tensions and policy uncertainty are projected to slow global growth to its lowest pace since 2008, excluding outright recessions, according to the World Bank's Global Economic Prospects report.


Banking & Financial Services

ANZ recognized again as Australia's top institutional bank

ANZ has announced that it has been recognized as the leading bank for corporate and institutional customer relationships in Australia.


Banking & Financial Services

Clean Oceans Initiative reaches funding milestone ahead of schedule

The "Clean Oceans Initiative" (COI), established by KfW along with the French development bank AFD and the European Investment Bank in 2018, has reached its initial goal ahead of schedule.


Banking & Financial Services

Building codes study reveals global gaps in disaster resilience

The rapid growth and transformation of urban environments necessitate stronger building codes to enhance resilience against disasters and climate risks.


Banking & Financial Services

Holley Higgins appointed head of ports & terminals at Arch Insurance International

Arch Insurance International has announced the appointment of Holley Higgins as Head of Ports & Terminals, effective immediately.


Banking & Financial Services

Sapling initiative focuses on nutrition transformation in South Asia

The South Asian Policy Leadership for Improved Nutrition and Growth (SAPLING) is a regional initiative led by the World Bank, with support from the Gates Foundation and other partners.


Banking & Financial Services

World Bank reports over $100 billion in carbon pricing revenues for public budgets

Carbon pricing revenues have surpassed $100 billion in 2024, as reported by the World Bank.


Banking & Financial Services

Howden Re releases comprehensive report on Europe's tech-enabled MGA ecosystem

Howden Re has released an industry-first report titled "Agents of Change," which focuses on the European Managing General Agent (MGA) market.


Banking & Financial Services

UK consumer card spending slows amid declining financial confidence

Consumer card spending in the UK saw a modest increase of 1.0% year-on-year in May, as reported by the Barclays Consumer Spend report.


Banking & Financial Services

World Bank supports South Africa's infrastructure modernization with $1.5 billion loan

The World Bank has announced a Development Policy Loan (DPL) of $1.5 billion to support South Africa's infrastructure modernization efforts.


Banking & Financial Services

World Bank approves $350M package for Greater Casablanca rail transformation

The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility and Logistics Hub.


Banking & Financial Services

Investment firm backs tech platform transforming credit market

Over the past four decades, capital markets have experienced significant transformations as technology modernized many asset classes.


Banking & Financial Services

Investment experts stress sticking with proven strategies amid market volatility

In a recent analysis, investment professionals discussed the challenges of managing portfolios amidst market volatility.