Latest News
NCUA places Butler Heritage Federal Credit Union into conservatorship
By Globe Banner | Jan 10, 2025
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.
Morgan Stanley promotes 173 employees to managing director positions
By Globe Banner | Jan 10, 2025
Morgan Stanley has announced the promotion of 173 professionals to the position of Managing Director.
WTO releases report on EU measures affecting Indonesian palm oil
By Globe Banner | Jan 10, 2025
The World Trade Organization (WTO) panel has released a report concerning measures by the European Union (EU) that affect palm oil and biofuels from Indonesia.
Business owners face challenges in finding successors
By Globe Banner | Jan 10, 2025
More business owners in Germany are considering closing their operations due to difficulties in finding successors.
Binance announces quarter-billion user milestone in 2024
By Globe Banner | Jan 9, 2025
Binance announced it surpassed 250 million registered users in 2024, marking a milestone in global cryptocurrency adoption.
Former CFTC Chairman: 'Crypto exchanges play a role' in preventing illicit activity
By Globe Banner | Jan 9, 2025
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.
Business owners urged to prepare for retirement with comprehensive planning
By Globe Banner | Jan 9, 2025
Many individuals anticipate retirement as they approach the end of their careers.
Octapharma donates €20M to INSEAD's Europe Campus project
By Globe Banner | Jan 9, 2025
INSEAD, a renowned business school, has announced a significant €20 million donation from the Octapharma Foundation.
Siemens wins €670m contracts for UK's new high-speed rail project
By Globe Banner | Jan 9, 2025
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.
Fubon Financial Holdings reports record-breaking earnings for December 2024
By Globe Banner | Jan 9, 2025
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.
KfW IPEX-Bank backs RIVE's expansion in rail sector with €270 million financing
By Globe Banner | Jan 9, 2025
RIVE Private Investment, a European investment firm, is expanding its railway sector activities with an additional €270 million in senior financing.
Standard Chartered opens Luxembourg entity for EU digital asset custody
By Globe Banner | Jan 9, 2025
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.
Report explores financing climate action for transportation in developing nations
By Globe Banner | Jan 9, 2025
Transport plays a vital role in the development of nations, yet it is a significant source of greenhouse gas emissions.
ERP Start-up Loan expands to include part-time businesses
By Globe Banner | Jan 9, 2025
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.
Armenia's roadmap: transition from gas dependency to sustainable growth
By Globe Banner | Jan 9, 2025
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.
Finance expert stresses client satisfaction as key to business success
By Globe Banner | Jan 9, 2025
Marnix van Stiphout, a notable figure in the finance industry, emphasizes the importance of client satisfaction.
World Bank restructures accountability mechanism for improved efficiency
By Globe Banner | Jan 9, 2025
The World Bank's Board of Executive Directors has approved modifications to the structure of the organization's Accountability Mechanism.
World Bank supports Mozambique with rapid financing for crisis response
By Globe Banner | Jan 9, 2025
The Mozambique Contingent Emergency Response Project (CERP) serves as an Investment Project Financing (IPF), allowing emergency response expenditures to be funded through the Rapid Response Option (RRO).
World Bank issues EUR 3 Billion sustainable development bond maturing in January 2035
By Globe Banner | Jan 9, 2025
The World Bank has successfully returned to the euro market with a 10-year sustainable development bond, raising EUR 3 billion.
Siemens introduces climate-friendly power distribution technology in Davos
By Globe Banner | Jan 9, 2025
Reliable power supply is crucial for maintaining a well-functioning infrastructure.