News on Globe Banner

Latest News


ANZ reports profit slump amid COVID-19; CEO discusses economic outlook

The COVID-19 pandemic has significantly impacted the financial sector, with ANZ Bank reporting a substantial decline in its first-half cash profit.



ANZ CEO discusses financial strategy amid COVID-19 challenges

Shayne Elliott, CEO of ANZ, discussed the bank's financial strategies and challenges during an interview with Brooke Corte on 2GB Money News.


ANZ reports significant profit decline amid COVID-19 impact

ANZ has reported a statutory profit after tax of $1.55 billion for the half-year ending March 31, 2020, marking a 51% decline compared to the previous period.


ANZ reports strong position amid pandemic challenges

ANZ's Chief Financial Officer, Michelle Jablko, recently shared insights into the bank's financial standing amidst the ongoing COVID-19 crisis.


China Construction Bank reports steady Q1 growth amid global pandemic

China Construction Bank Corporation (CCB) released its financial results for the first quarter of 2020, reporting steady growth in key performance indicators.


ANZ launches hotline for business customers awaiting Job Keeper payments

ANZ has announced the creation of a dedicated hotline to support small and medium business customers eligible for the Federal Government’s Job Keeper payments.


PIMCO Appoints Giorgio Cocini as Managing Director for Italy, France, and Iberia

PIMCO, a renowned fixed income investment manager, has announced the appointment of Giorgio Cocini as a Managing Director to oversee its business in Italy, France, and Iberia. Cocini, currently the Global Co‐Head of Financial Institutions Investment Banking at Bank of America, will join PIMCO in June and operate from the firm's London office. He will report to Craig Dawson, Managing Director and PIMCO’s Head of Europe, Middle East and Africa.Emmanuel Roman, PIMCO’s Chief Executive Officer, expressed his confidence in Cocini, stating, "Giorgio will be an outstanding...


ANZ CEO discusses financial challenges amid COVID-19

ANZ CEO Shayne Elliott has expressed concerns about the financial future of some businesses and households as Australia's third-largest bank navigates the economic challenges posed by the COVID-19 pandemic.


ANZ supports expanded loan deferrals for COVID-19 impacted businesses

ANZ has expressed approval for new industry-wide measures aimed at supporting businesses affected by the COVID-19 pandemic.


Santander recognized by Euromoney for excellence in private banking services

Santander Private Banking has been recognized by Euromoney magazine as the World’s Best for International Latin American Clients and the Best International Private Bank in Latin America.


Santander announces challenge for startups focusing on circular economy solutions

Banco Santander has announced a new initiative aimed at startups and scaleups that are developing innovative circular economy solutions.


Smart Traveler Enrollment Program aids U.S. citizens abroad

The Smart Traveler Enrollment Program (STEP) is a free service provided to U.S. citizens and nationals who are traveling or living abroad.


ANZ commits $1.5 million to aid Australia's vulnerable amid COVID-19

ANZ has announced a donation of $1.5 million to support three charity partners in providing additional aid to some of Australia's most disadvantaged communities.


ANZ backs government stimulus plan amid COVID-19 crisis

ANZ has expressed its backing for the Federal Government's latest stimulus package, aimed at assisting businesses and individuals dealing with the impacts of the COVID-19 pandemic.


ANZ announces COVID-19 support measures including rate cuts

ANZ has introduced a significant support package for small business and home loan customers, potentially injecting $6 billion into the Australian economy.


COVID-19 travel guidelines updated for U.S.-Guinea Bissau travelers

The U.S. Embassy in Dakar has provided updated information regarding COVID-19 measures affecting travelers to and from Guinea-Bissau.


PIMCO Announces 2024 Managing Directors

PIMCO, a global leader in active fixed income, has announced the promotion of officers to Managing Director status. In a statement, PIMCO Chief Executive Officer Emmanuel Roman and PIMCO Group Chief Investment Officer Daniel Ivascyn emphasized the importance of qualities such as integrity and excellence in the newly appointed Managing Directors. Roman and Ivascyn highlighted the firm's commitment to a diverse talent pool that will benefit clients, the firm, and future generations of talent.Among the newly promoted Managing Directors is Masoud Sharif, who serves as Co-Head...


Verizon partners with Santander Bank to launch high-yield savings account

Verizon and Santander Bank have announced a new partnership to offer Verizon customers a high-yield savings account through Openbank.


ANZ cuts business loan rates amid COVID-19 challenges

ANZ has announced a reduction in variable interest rates for business loans by 0.25% per annum, effective immediately.