WebWire | News by Industry : Banking / Financial Services

Barclays Private Bank launches Singapore booking centre to serve globally connected clients

Fri, 4 Sep 2026 15:02:41 EDT

- - • Strategic investment reinforces Singapore's role as a key wealth hub in Barclays Private Bank's international growth strategy - • Enhanced capability will serve ultra-high-net-worth individuals, entrepreneurs and global family offices - • Clients will gain locally booked access to Barclays' global banking, lending, investment and wealth planning capabilities - - - Barclays today announces the launch of its Private Bank booking centre in Singapore, strengthening its ability to serve...

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Practitioners call for expanded access to financial education

Fri, 4 Sep 2026 08:17:14 EDT

- - • At the European Forum Alpbach, the European Alliance of Financial Practitioners adopted a statement calling for improved access to quality financial education across Europe - • Ten organisations from nine EU Member States bring practitioner experience into Europe's financial education agenda - • Alliance targets 4,000 financial educators by 2028 - - - Europe is taking a new step to connect financial education policy with the experience of those delivering it on the ground, suppo...

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Aon's Underwriting Analytics Helps Insurers Avoid Concentration Risk to Drive Profitable Growth

Fri, 4 Sep 2026 07:29:28 EDT

Aon plc (NYSE: AON), a leading global professional services firm, announced the launch of Underwriting Analytics, a new capability within its Risk Analytics Platform that helps (re)insurers evaluate the impact of future risks on portfolios before capacity is deployed. - - The solution enables clients to understand how new business would interact with existing accumulations, supporting underwriting, portfolio management and capital allocation decisions. - - As insurers enter the reinsuranc...

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George D. Robson Presents a Practical Roadmap for Turning Risk into Opportunity in “How to Handle Risk! Wide Open to Success”

Thu, 3 Sep 2026 16:49:15 EDT

In a world where uncertainty, difficult decisions, and unexpected challenges are part of everyday life, author George D. Robson offers readers a practical approach to managing risk in his book, “How to Handle Risk! Wide Open to Success!” - - Rather than presenting risk management as a complicated collection of formulas or financial models, Robson introduces a straightforward philosophy built around common sense harnessed in a simple process. His approach is designed to help readers move...

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Amex Access: Harry Styles Pop-Ups, Wimbledon Fun, F1® and More in the UK

Thu, 3 Sep 2026 10:43:40 EDT

Harry Styles Across London Harry Styles' Together, Together residency came to life across London, with fan experiences stretching from Borough Yards to Carnaby Street. Before each show, fans gathered at the American Express Experience outside Wembley Stadium to dance, snap photos and contribute to a sticker mural. Across the city, two immersive pop-ups celebrated the residency: the Together, Together Tour Pop Up Store and PleasingLand, a pop-up offering items from his lifestyle brand,...

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Barclays, supported by Atlassian Williams F1 Team, launches national competition to help young people build the human skills needed for an AI-powered future

Wed, 2 Sep 2026 10:56:06 EDT

Barclays LifeSkills, supported by Atlassian Williams F1 Team, today announced the launch of Accelerate your skills, a new UK-wide competition challenging young people aged 11–25 to develop creative solutions to a real-world business challenge while building the human skills increasingly needed in the age of AI. - - Barclays has found 1 that while over two-thirds (67%) of people believe AI will significantly change the jobs available in the future, fewer than a third (32%) of working age p...

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RBC announces new RBC Community Solar Program that helps provide long-term revenue to participating community organizations to support the launch of solar projects

Wed, 2 Sep 2026 10:20:54 EDT

Key takeaways: - - - • RBC's Community Solar Program can help make solar energy projects more affordable for local organizations across Canada. - - • Through a 10-year agreement, RBC buys renewable energy credits (RECs) from participating organizations creating an additional revenue stream while helping to lower their operational costs. - - • The program is a creative solution to help RBC reduce its own operational emissions while supporting community-led solar energy development and wide...

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Spin-out technology promises to cut costs of protein production

Tue, 1 Sep 2026 12:48:15 EDT

A recent collaboration between Kent scientists and the Science and Technology Facilities Council-supported Central Laser Facility (CLF), has affirmed the remarkable versatility of the technology in expanding the possibilities of protein production. - - The Vesicle Nucleating Peptide (VNp) technology, which underpins Kent spin-out company, Sirius Proteins, dramatically increases the yield, simplicity and scope of recombinant protein production in bacteria. - - This makes it easier and more af...

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Dave McKay of RBC to speak at Scotiabank Annual Financials Summit 2026

Tue, 1 Sep 2026 11:05:24 EDT

Dave McKay, President and Chief Executive Officer, Royal Bank of Canada (TSX: RY) (NYSE: RY), is scheduled to speak on a live webcast at the Scotiabank Annual Financials Summit on September 9, 2026. The webcast will begin at 9:30 a.m. (ET). - - A link to the live webcast will be available on RBC's website at https://www.rbc.com/investor-relations/events-and-presentations.html on September 9, 2026. The webcast will be archived for three months. - - About RBC - Royal Bank of Canada is a globa...

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NSF launches three new Science and Technology Centers with $90M investment in transformative research

Tue, 1 Sep 2026 09:21:23 EDT

The U.S. National Science Foundation is investing $90 million over five years to support three new NSF Science and Technology Centers (NSF STC). These centers will advance American leadership in science and technology, strengthen the nation's STEM workforce, and accelerate innovation in fields ranging from artificial intelligence and biotechnology to fusion energy and robotics. - - The three centers will bring together researchers from universities, national laboratories, industry, and oth...

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I Squared Capital Expands OpenInfra Wealth Platform to Australia

Tue, 1 Sep 2026 08:59:48 EDT

I Squared Capital (“I Squared”), a leading independent global infrastructure investment manager, announced the expansion of OpenInfra, the firm's private wealth platform, into Australia. The ISQ OpenInfra AUT Fund is an Australian-dollar vehicle that extends the platform's reach to Australian wealth managers and financial advisors, giving eligible local investors access to institutional-quality private infrastructure investment opportunities. - - The expansion builds on I Squared's long-sta...

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Garanti BBVA Wins Two AI in Finance Awards for Personalized Financial Advice

Fri, 28 Aug 2026 18:50:40 EDT

Garanti BBVA has won two awards at Global Finance's AI in Finance Awards 2026: “Best Personalized Financial Advice in T�rkiye” and “Best Personalized Financial Advice in Western Europe.” The awards recognize the bank's AI-powered approach to providing personalized financial advice. They also qualify Garanti BBVA for the global Round II judging, with the winners to be announced in Singapore in October. - - Garanti BBVA relies on AI -powered analytics to combine client feedback from ac...

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Scrolling and strolling: Brits risk injury as millions glued to phones while on the move

Fri, 28 Aug 2026 18:32:38 EDT

- - • More than half of Brits (54%) – equivalent to around 30 million people nationwide – are risking injury as they are glued to their phones while walking close to busy roads - • Over a third of Brits (34%) also admit to scrolling and strolling while crossing the road - • Pedestrians distracted by their phones report colliding with cars (15%) and bicycles (16%), tripping off kerbs (54%) and walking into signposts or bollards (39%) - • The behaviour, dubbed 'scrolling and strolling' in a ne...

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Three Non-Executive Directors join Barclays UK Board

Fri, 28 Aug 2026 18:27:09 EDT

Barclays Bank UK PLC is today announcing the appointment of Stacey Madge, Adam Banks and Kelly Richdale as Non-Executive Directors to its Board. - - As part of Board succession planning, they will join on 01 September 2026. - - Stacey Madge brings extensive senior leadership experience across retail banking and payments, as well as SME banking. Stacey was previously President and Country Manager for Visa Canada, where she led the expansion of the business into new digital partnerships, produ...

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Dunkin'® Celebrates Tennis Season with New Sips, Collectibles and Exclusive Merchandise

Thu, 27 Aug 2026 17:02:08 EDT

Before the first serve, between matches and after the final point, guests are running on Dunkin' for tennis season. Beginning Aug. 30, Dunkin' is celebrating a marquee moment in tennis where sport, style and culture converge through flavors, exclusive experiences and can't-miss collaborations, giving fans more ways to sip, snack and show up for match day and beyond. - - From the courts to city streets, fans can get in on the action with two new beverages, Melon Deuce Energy and Matcha Po...

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Abu Dhabi Islamic Bank, Marriott Bonvoy, and Visa Launch Co-Branded Cards Offering Elite Travel and Lifestyle Benefits

Thu, 27 Aug 2026 15:28:25 EDT

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, Marriott Bonvoy, Marriott International's award-winning travel programme, and Visa announce the launch of two co-branded cards in the United Arab Emirates – the Marriott Bonvoy ® ADIB Visa Infinite Card and the Marriott Bonvoy ® ADIB Visa Signature Card. Designed for customers who are passionate about travel, the new Marriott Bonvoy ADIB Co-branded Cards provide Marriott Bonvoy points on everyday qualifying spend alo...

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Tieto and Siirto partner to improve e-invoicing experience in Finland

Thu, 27 Aug 2026 12:48:24 EDT

Tieto and Siirto, an instant payment method with more than 1 million registered users in Finland, are partnering to make digital invoicing more accessible, efficient and user-friendly for both businesses and consumers in Finland. - - The collaboration will enable businesses to retrieve their customers' e-invoice addresses and send the first invoice directly to a customer's online banking service. This is made possible by Siirto's newly launched centralized registry, combined with Tieto's M...

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IFC and Bank CenterCredit Partner to Boost Trade Finance in Kazakhstan

Thu, 27 Aug 2026 11:06:32 EDT

- - • Bank CenterCredit and IFC launch a trade finance program in Kazakhstan. - - • IFC, a member of the World Bank Group, and Bank CenterCredit today announced a partnership to help Kazakh importers and exporters, particularly small and medium enterprises (SMEs), gain greater access to the cross-border financing they need to trade internationally. - - - - IFC, a member of the World Bank Group, and Bank CenterCredit today announced a partnership to help Kazakh importers and exporters, pa...

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RBC returns to the Toronto International Film Festival to celebrate the ideas that shape culture and connect communities

Thu, 27 Aug 2026 10:35:14 EDT

Festival staples RBC Red Carpet Gallery and RBC House are back in the spotlight Key takeaways: - - - • RBC marks its 19th year as a major partner of the Toronto International Film Festival (TIFF) - • RBC House is back as the premier destination for festival events, hosting the Los Angeles Times Studio presented by RBC for its fifth year - • The RBC Red Carpet Gallery offers Avion Rewards members prime celebrity-spotting access, plus a chance to win 25,000 Avion Rewards points...

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Blackstone to Present at the Barclays Global Financial Services Conference

Thu, 27 Aug 2026 10:15:31 EDT

Blackstone (NYSE:BX) announced that Michael Chae, Vice Chairman and Chief Financial Officer, is scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 15, 2026 at 2:00 pm ET. - - A live webcast of the presentation will be available on the Shareholders section of Blackstone's website at http://ir.blackstone.com. For those unable to listen to the live webcast, a replay will be available on Blackstone's website shortly after the event. - - About Blacks...

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UK businesses welcome political reset but seek greater policy certainty

Thu, 27 Aug 2026 10:06:52 EDT

- - • Confidence in the UK economy has risen to 63 per cent, up from 57 per cent in Q1 - • Business optimism in their own prosperity is also up 3 percentage points to 86 per cent - • 60 per cent believe devolution will improve economic opportunities and over a third think No.10 North will benefit their business - • 56 per cent plan to increase investment in the next year, with 46 per cent likely to take out new finance, as Barclays data shows larger firms increased borrowing in Q2 - • However...

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World Bank Group and Banco Consorcio Mobilize Financing to Expand Access to Housing and Create Jobs

Wed, 26 Aug 2026 10:42:10 EDT

To help expand access to housing finance in Chile and enable more women to obtain mortgage loans, the International Finance Corporation (IFC), a member of the World Bank Group, announced a US$100 million loan to Banco Consorcio. - - The financing aims to help reduce Chile's current housing deficit, estimated at 927,000 homes, equivalent to 14% of households nationwide, at a time when access to mortgage credit has become more challenging due to higher mortgage rates and reduced availability...

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I Squared's InfraTech® Invests in Muon Space, a Vertically Integrated Space Infrastructure Platform

Wed, 26 Aug 2026 10:36:48 EDT

I Squared Capital has invested in Muon Space, a vertically integrated provider of managed orbital services, as part of the company's $250 million Series C financing. The oversubscribed round was led by Eclipse, with participation from I Squared and other new and existing investors. - - Muon designs, builds, and operates high-performance satellite constellations for commercial, government, and national security customers. Its Mission Foundry integrates mission design, spacecraft, payloads, s...

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“Money Bridge” Service Linking Rakuten Bank and Rakuten Securities Accounts Surpasses 7 Million Accounts

Wed, 26 Aug 2026 10:28:15 EDT

Rakuten Bank, Ltd. and Rakuten Securities, Inc. announced that Money Bridge, a service connecting customers' Rakuten Bank and Rakuten Securities accounts, has surpassed 7 million accounts. - - Rakuten Bank and Rakuten Securities began offering Money Bridge in April 2011 to improve the convenience of services for private asset building and management. Anyone with both a Rakuten Bank and Rakuten Securities account can apply for a Money Bridge account free of charge. Once setup is complete, us...

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Eight NSF research institutes to propel U.S. quantum science with $290M investment

Wed, 26 Aug 2026 10:24:35 EDT

Understanding and wielding the quantum properties of nature is the ambitious objective of eight research institutes that will collectively receive more than $290 million from the U.S. National Science Foundation. The investment is an expansion of the NSF Quantum Leap Challenge Institutes program, which NSF created in 2020 as part of the agency's strategy to fulfill the 2018 " National Quantum Initiative Act." - - Of the eight institutes, three are newly formed. The other five were establish...

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Management Team Update

Wed, 26 Aug 2026 09:02:40 EDT

Standard Chartered has announced some changes within its Group Management Team. - - In May this year, Tanuj Kapilashrami was appointed Group Chief Operating Officer (GCOO), strengthening our ability to drive strategic alignment across our functions. - - From 1 October, in addition to the functions previously within Strategy & Talent, Tanuj will also lead our non-client-facing operations, including payments and transaction processing, trade operations, and reconciliation services, as well as...

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BBVA Places €2 Billion As a Dual-Tranche Senior Non-Preferred Debt Issue, More than Three Times Oversubscribed

Wed, 26 Aug 2026 08:46:12 EDT

The transaction attracted strong investor demand, with a final order book of approximately $7.2 billion and nearly 275 orders, more than three times the amount issued. - - The final pricing of the fixed-rate tranches came in below initial guidance: the three-year bond was priced at U.S. Treasuries plus 73 basis points, compared with initial guidance of 100 basis points, with a coupon of 4.977%; while the five-year bond was priced at U.S. Treasuries plus 90 basis points, versus initial guida...

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Barclays appoints Ramin Naji as Head of Healthcare & Real Estate, Asia Pacific

Wed, 26 Aug 2026 08:43:44 EDT

Barclays today announces the appointment of Ramin Naji as Managing Director and Head of Healthcare & Real Estate, Asia Pacific. Ramin will be responsible for leading Barclays' healthcare & real estate sectors across the region, driving client engagement, transaction origination and execution. Working closely with global product and coverage teams across the bank, he will support clients across advisory, financing and risk management solutions. - - Based in Hong Kong, Ramin will report regio...

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RBC creates unified Global Transaction Banking business, combining strengths across leading businesses

Tue, 25 Aug 2026 10:37:48 EDT

Royal Bank of Canada (RBC) today announced the formal establishment of Global Transaction Banking (GTB) as a unified global business, advancing RBC's role as a globally connected bank providing trusted expertise to help clients grow across borders. RBC's ambition is to build a leading global transaction banking franchise based on deep relationships, best-in-class capabilities, global scale and a leading digital experience. - - GTB will be jointly led by Sean Amato-Gauci, Group Head, Commerc...

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Standard Chartered becomes first bank distributor of HKDAP to unlock real-economy benefits of HKD stablecoins

Tue, 25 Aug 2026 10:36:08 EDT

Standard Chartered Bank (Hong Kong) Limited (“SCBHK”) announced that it has become an authorised distributor of HKDAP (“HKD At Par”), the first regulated Hong Kong Dollar-backed stablecoin issued by Anchorpoint Financial Limited (“Anchorpoint”). - - As the first bank to onboard as an initial distributor, SCBHK is ready to support use cases and actively engaging with eligible institutional clients and partners to integrate HKDAP into their business activities, unlocking real-economy benef...

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Up to 25 million motorists could be set to hit the road this August Bank Holiday, Green Flag research reveals

Tue, 25 Aug 2026 09:53:53 EDT

- - • Up to 25 million motorists could be expected to hit the road this August Bank Holiday weekend, with nearly three quarters (73%) of UK drivers surveyed planning at least one journey - • Saturday is expected to be the busiest day for travel for those making a journey, with up to 9.2 million motorists planning their longest journey that day - • Up to 12.7 million motorists are expecting to travel on motorways, while those making journeys expect to cover 100 miles on average - • Visiting fr...

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US banking set for far-reaching shake-up as next wave of consolidation builds

Mon, 24 Aug 2026 11:59:30 EDT

The US banking industry is poised shake-up since 2008 during the new analysis from Bain & Company released. - - New Bain modeling based on 20 years of sector data and previous M&A suggests the number of US banks holding more than $1 trillion in assets is poised to rise for the first time in nearly two decades. By the end of 2030, the current group of four banks in the trillion-dollar club – JPMorganChase, Bank of America, Citigroup, and Wells Fargo – will grow to between five and seven a...

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The money conversation most roommates never have, until it's too late

Mon, 24 Aug 2026 10:58:13 EDT

As students head back to school and many move in with roommates, Royal Bank of Canada (RBC) is helping them navigate one of the biggest – and most overlooked – challenges of shared living: money. With rising housing costs, shared living arrangements are becoming increasingly common. According to Statistics Canada's latest census, roommate households were the fastest-growing household type between 2001 and 2021, increasing by 54%. Among Canadians aged 20 to 34, living with people outsid...

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Aviva enhances High Value protection offering

Mon, 24 Aug 2026 08:55:06 EDT

The business has brought together two expert teams, from Aviva and APUK (formerly AIG Life) to create a single, experienced specialist unit dedicated to helping advisers protect their high-net-worth clients through a new proposition and a two-tier underwriting service (Premier and High Value), based on customers' required cover amount and complexity. - - As part of the changes, Aviva has closed the former APUK proposition to new business and will continue to honour existing pipeline cases i...

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New challenge launched to store clean energy for longer

Fri, 21 Aug 2026 14:31:09 EDT

The public will be better protected from potential hikes on their energy bills, as a new initiative looks to cut the UK's reliance on more expensive sources of power. - - The Ultra-Long Duration Energy Storage (Ultra-LDES) Challenge was launched. - - It will offer grants which support the development of new tech focused on energy storage, including advanced batteries and underground hydrogen storage. - - Backed by £28 million from government through UK Research and Innovatio...

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July 2026 Monthly Release

Fri, 21 Aug 2026 13:50:17 EDT

The Allstate Corporation (NYSE: ALL) announced estimated catastrophe losses for the month of July of $682 million or $539 million, after-tax. Catastrophe losses for July include 23 events with approximately 75% of the losses related to two wind and hail events. - - Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com. - - Forward-Looking Statements - - This news release contains “forward-looking statements”...

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Insurer Returns Near Record 17% as Market Cycle Enters New Phase: Aon Analysis

Fri, 21 Aug 2026 12:11:08 EDT

Aon plc (NYSE: AON), a leading global professional services firm, today released new analysis showing that global property and casualty insurers are entering a next phase of the market cycle from a position of strength and have an opportunity to convert recent profitability gains into long-term competitive advantage. The analysis marks the start of Aon's Reinsurance Renewal Season, which helps insurers turn capital into growth. - - Aon's third annual analysis of 120 global property and...

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Average claim for student possessions doubles in three years

Fri, 21 Aug 2026 11:35:13 EDT

- - • Aviva data reveals the average value of a student belongings claim has doubled from £781 to £1,766 between 2022-2025 [1] - • More than half of claims (56%) are a result of theft, with laptops and phones being amongst the most likely items to be stolen - • Aviva urges students to protect belongings as almost 229,000 are set to go to university this year [2] - • Students could be covered for up to £12,000 worth of belongings under an Aviva Signature Home policy [3] - - - New da...

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Standard Chartered becomes first G-SIB to issue digitally native notes on Euroclear's D-FMI

Fri, 21 Aug 2026 11:24:22 EDT

Standard Chartered announced the issuance of a USD 200 million three-year floating-rate digitally native notes (DNNs), becoming the first Global Systemically Important Bank (G-SIB) and the first UK Issuer to issue on Euroclear's Digital Financial Market Infrastructure (D-FMI). Application has been made for the notes to be admitted to trading on the International Securities Market of the London Stock Exchange. - - The notes were issued using distributed ledger technology through Euroclear's...

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One in seven drivers could have out of date addresses on their insurance

Thu, 20 Aug 2026 09:31:44 EDT

- - • Aviva research reveals 15% [1] of drivers surveyed don't think they need to tell their insurer of a change of address - • Mistakes could leave millions of UK drivers potentially uninsured - • With more than seven in ten (71% [2] ) drivers unsure about key aspects of car insurance, Aviva debunks common car insurance myths, from failing to update personal details to a change in estimated annual mileage - - - New research * from Aviva reveals one in seven (15% [1] ) drivers may ha...

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RBC Investor Services named Operations Team of the Year

Thu, 20 Aug 2026 09:24:52 EDT

RBC Investor Services (RBCIS) has been named Operations Team of the Year at the 2026 Securities Finance Times Industry Excellence Awards, dedicated to recognizing the most talented firms, individuals and departments in the global securities finance industry, with winners selected on merit by a panel of independent industry professionals. The award honours RBCIS's Securities Lending Operations team, serving Canadian asset managers, pension funds and insurance providers whose assets demand...

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MetLife Declares Third Quarter 2026 Preferred Stock Dividends

Thu, 20 Aug 2026 09:23:13 EDT

MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: - - - • Quarterly dividend of $0.31471411 per share on the company's floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). - - • Semi-annual dividend of $29.375 per share on the company's 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share. - - • Quarte...

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From Blueprint to Financial Close: How Project Finance Turns Infrastructure Plans into Reality

Thu, 20 Aug 2026 08:16:16 EDT

Building a power plant, data center or other major infrastructure project can require significant investment years before the asset begins generating revenue. Turning those plans into reality requires more than capital. It requires a financing structure capable of allocating risk among multiple stakeholders and supporting a project through development, construction and operation. - - That is where project finance comes in. - - “The objective isn't to eliminate risk. It's to understand it,...

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BofA Directs $250,000 to American Red Cross to Support Fire Recovery

Wed, 19 Aug 2026 12:55:13 EDT

Key points - - - • Bank of America is directing two hundred fifty thousand dollars$250,000 to the American Red Cross to support relief and recovery efforts following the wildfires across the Pacific Northwest and western mountain states, including in and around Spokane, WashingtonWA. - - • Funding will help provide emergency shelter, meals, supplies and other critical assistance to individuals and families affected by the wildfires. - - • Bank of America is matching employee donations to...

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BBVA Donates €2 Million to Support Those Affected by the Earthquake in Colombia

Wed, 19 Aug 2026 12:50:39 EDT

BBVA has announced a €2 million donation to meet the most urgent humanitarian needs and help with the recovery and reconstruction of the areas affected by the earthquake in Colombia. The funds will be channeled through UNHCR, UNICEF, and 'Empresas Unidas por Colombia', an initiative led by the National Business Association of Colombia (ANDI). BBVA has also launched a fundraising campaign among customers and employees, along with other support measures in Colombia and Spain. - - “In an emerg...

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American Express and St Andrews Links Trust Announce Partnership to Grow the Global Reach of the Home of Golf™

Wed, 19 Aug 2026 12:43:41 EDT

American Express today announced it is adding the illustrious St Andrews Links to its sports partnership portfolio. American Express will be the Official Payments Partner of one of the world's most prestigious golf destinations. With American Express' large international presence, the partnership will help to make St Andrews accessible to more golfers and Card Members from around the world. This partnership builds on the breadth of American Express' global sports partnerships, ranging from...

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IFC, Popular Pharmaceuticals Partner to Boost Bangladesh's Healthcare Supply Chains and Create Jobs

Wed, 19 Aug 2026 12:39:15 EDT

To help safeguard the continuity of essential medicines and support job creation in Bangladesh, IFC, a member of the World Bank Group focused on the private sector, has committed a US$ 30.7 million senior secured loan to Popular Pharmaceuticals PLC (Popular), a leading manufacturer of generic medicines. The financing will support Popular's U.S. dollar working capital needs, primarily for the import of Active Pharmaceutical Ingredients (API), critical inputs for local medicine production. - ...

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Shakira, Global Citizen, Live Nation and CAF will commit an initial 1.25 million-dollar donation to help rebuild schools in Choc�

Wed, 19 Aug 2026 10:26:52 EDT

Summary Shakira, alongside Howard Buffett, Pies Descalzos Foundation, and CAF visited Quibd� to meet communities affected by the earthquake and support efforts to rebuild nearly 200 damaged schools. Initial Commitment Includes $500,000 from Shakira and Live Nation, $500,000 from the FIFA Global Citizen Education Fund and $250,000 from CAF—the development bank of Latin America. - - Howard Buffett joins the effort with support for the reconstruction of 10 more schools - - Shakira visited Q...

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Standard Chartered and HSBC execute first live tokenised deposit transaction on Swift's blockchain-based ledger

Wed, 19 Aug 2026 09:18:58 EDT

Standard Chartered and HSBC today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the first live cross-border transaction on Swift's blockchain-based ledger. - - This marks a milestone in the use of tokenised deposits by regulated financial institutions to issue, transfer, record and settle tokenised deposits through Swift's blockchain-based ledger, not only demonstrating interbank interoperability, but helping advance industry...

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Aon Names Brad Lorimer Chief Executive Officer of Canada

Wed, 19 Aug 2026 09:03:04 EDT

Aon plc (NYSE: AON), a leading global professional services firm, announced that Brad Lorimer has been named CEO of Canada, effective September 1, 2026. - - In his new role, Lorimer will lead Aon's business across Canada, helping clients make better decisions through actionable insights, differentiated Risk Capital and Human Capital capabilities and leading solutions. He will remain a member of the Canadian Executive Committee and join the North America Executive Committee and report to A...

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Ardian acquires a majority stake in Pflegia, Germany's leading digital healthcare recruitment platform

Wed, 19 Aug 2026 05:35:04 EDT

Ardian, a global private investment firm, announces the acquisition of a majority stake in Pflegia, a high growth German digital platform connecting healthcare professionals and care providers. - - Founded in 2019 and headquartered in Berlin, Pflegia addresses the structural healthcare staffing shortage through an AI-powered reverse-recruiting platform where candidates register their preferences and qualifications, and a proprietary algorithm matching them with the best-suited care provide...

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BGK and EIF invest €30 million in new Inovo fund under Future Tech Poland programme

Tue, 18 Aug 2026 15:43:08 EDT

- - • Fourth investment signed under the Future Tech Poland initiative managed by the EIF and backed by BGK - • €30 million commitment to new Inovo fund supporting early-stage technology companies - • PLN 580 million already allocated under Future Tech Poland - • Investment to strengthen Poland's venture capital ecosystem and support innovative high-growth businesses - - - The European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) have invested €30 million (approximatel...

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Wrexham AFC names Royal Bank of Canada (RBC) as Official Bank Partner and Back-of-Kit Sponsor

Tue, 18 Aug 2026 14:42:37 EDT

Wrexham AFC and RBC, a top 10 bank globally based on market capitalization, announced RBC as the Club's new Back-of-Kit Sponsor, the Official Bank Partner and Official Wealth Management Partner for the 2026/27 season. - - Debuting at Wrexham AFC's opening match against Cardiff City, RBC's shield will be featured on the back of the playing shirt, above the player's name and number, on the Club's men's and women's home, away and third kits. - - Ranked among the world's 100 most valuable brand...

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Two thirds of parents want children to be taught about investing

Tue, 18 Aug 2026 12:34:36 EDT

- - • 65% of parents agree that teaching children about investing early is important - • 44% of parents recognise the impact that early learning had on them - • Only one in ten (13%) say they teach their own children about investing - - - As families prepare for the start of school in a couple of weeks, new research from Aviva reveals a significant gap between what parents believe their children should be taught about financial education and investing and what happens around the kitchen t...

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Mike Joo and Adeel Khan appointed Co-CEOs of Barclays Investment Bank

Tue, 18 Aug 2026 11:48:19 EDT

Barclays today announces that it will appoint Mike Joo and Adeel Khan as Co-CEOs of its Investment Bank with effect from February 2027, subject to regulatory approval. - - Mike Joo will join in early 2027 from Bank of America, where he served most recently as Co-Head of Global Investment Banking. He joined Bank of America in 2006 and has held a range of senior leadership roles across Global Corporate and Investment Banking and Global Markets. - - Adeel Khan leads Global Markets and has serve...

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Nebex Launches €100M Industrial Return Initiative in France

Tue, 18 Aug 2026 08:17:18 EDT

Nebex, the commercial exchange for the global space economy, today launched a €100M Industrial Return Initiative in France. The initiative connects French space startups with global contract opportunities while creating a new model for France to achieve 100% industrial return on cross-border space spending. - - The Industrial Return Problem - - Industrial return is a longstanding expectation in most national space programs. When governments invest taxpayer money in space, they expect e...

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NSF announces $1.5B for foundational research to drive scientific breakthroughs for American technological leadership

Mon, 17 Aug 2026 12:31:15 EDT

The U.S. National Science Foundation released 12 new notices of funding opportunity (NOFOs) providing over $1.5 billion for foundational research, including basic and use-inspired inquiry across the sciences and engineering. - - These funding opportunities support the foremost goal in the administration's memorandum " Ushering in a New Golden Age of American Innovation: Fiscal Year 2028 Administration Research and Development Budget Priorities " which calls for investing in the foundational...

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ING to redeem two series of SEC registered Senior Notes

Mon, 17 Aug 2026 04:33:50 EDT

ING announced it will redeem two series of outstanding SEC registered securities: the USD 500 million Callable Floating Rate Senior Notes due 2027 (CUSIP 456837BJ1/ ISIN US456837BJ19) and the USD 1,250 million 6.083% Callable Fixed-to-Floating Rate Senior Notes due 2027 (CUSIP 456837BF9/ ISIN US456837BF96) (together the “Callable Senior Notes”) on their contractual call date of 11 September 2026. The Callable Senior Notes will be redeemed in full in accordance with their terms, with payment...

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Brookfield and La Caisse Complete Acquisition of Boralex

Mon, 17 Aug 2026 04:26:38 EDT

Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX), Brookfield and La Caisse (formerly CDPQ) announced the completion of the previously announced acquisition of Boralex by Brookfield, together with its institutional partners including Brookfield Renewable Partners, and La Caisse (the “Purchaser”), by way of a plan of arrangement under the provisions of the Canada Business Corporations Act (the “Arrangement”). - - Pursuant to the terms of the Arrangement, the Purchaser acquired all of...

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STFC announces latest Ernest Rutherford Fellows

Thu, 13 Aug 2026 08:54:09 EDT

Backed by an investment of £6 million the new fellows will each lead their own research programme at a UK university over the course of the fellowship. - - The Science and Technology Facilities Council (STFC) has awarded this year's cohort of seven researchers the 2025 Ernest Rutherford Fellowship. - - Supporting early-career researchers - - The fellowship is one of the main routes by which early-career physicists in the UK are supported to lead independent research in particle physics, ast...

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NABTU and Meta Announce New Partnership to Invest In Skilled Trades for the AI Era

Thu, 13 Aug 2026 06:18:13 EDT

Meta and North America's Building Trades Unions (NABTU) announced a new partnership to support skilled trades workers across the country, with plans to grow their investment and scale their efforts together over time. - - “NABTU is proud to partner with Meta. The Future Is For Everyone Fund is exactly the kind of investment communities across America need and will value,” said Sean McGarvey, President of NABTU. “We look forward to working together to ensure the future of America is built by...

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I Squared Capital to acquire oOh!media, a leading out-of-home media infrastructure platform in Australia and New Zealand

Mon, 10 Aug 2026 04:34:48 EDT

I Squared Capital (“I Squared”), a leading independent global infrastructure investor, announced that it has entered into a Scheme Implementation Agreement with oOh!media Limited (ASX: OML) to acquire all of its issued shares by way of a scheme of arrangement. - - Under the transaction, oOh!media shareholders will receive A$1.70/share 1 in cash for each oOh!media share held, implying an equity value of approximately A$898 million (US$631 million 2 ) and an enterprise value of approximately...

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Swiss Re Corporate Solutions announces exclusive partnerships in India and Mexico

Mon, 10 Aug 2026 01:59:46 EDT

Swiss Re Corporate Solutions announced it is establishing exclusive partnerships with Bajaj General Insurance in India and GNP Seguros in Mexico. The partnerships will provide insurance solutions to the growing number of large Indian and Mexican companies – many of which are expanding internationally – while also supporting global clients with operations in India and Mexico. - - Ivan Gonzalez, CEO Swiss Re Corporate Solutions: “Multinational corporations increasingly expect insurers to co...

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