Barclays and Brookfield

Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

Press Release – London, 17 April 2025:   Barclays (LSE: BARC) and Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its Financial Infrastructure strategy, today announce a long-term strategic partnership (the “Partnership”) to grow and transform Barclays’ payment acceptance business (the “Business”), previously referred to as its merchant acquiring business.  Barclays and Brookfield will work to create a standalone entity over time. https://www.media.barclays.co.uk/serve/190157-4458188.mp4?dnt=1 Barclays has … Continue reading Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

British Business Bank commits up to £50m to Elbow Beach’s Climate Impact Fund 2

British Business Bank commits up to £50m to Elbow Beach’s Climate Impact Fund 2

Press Release – 21 March 2025 – The British Business Bank today announces it has made a cornerstone commitment of up to £50m to Elbow Beach’s Climate Impact Fund 2 through its Enterprise Capital Funds programme. The Fund, which has already secured commitments for £63m of capital, will back startups across the UK pioneering technology solutions to big industry problems, at the intersection of efficiency … Continue reading British Business Bank commits up to £50m to Elbow Beach’s Climate Impact Fund 2

NatWest & OpenAI collaborate

NatWest & OpenAI collaborate to accelerate cutting-edge AI transformation in support of bank-wide simplification and enhanced customer experience

NatWest Group has today announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification. Press Release – 20 Mar 2025 – NatWest Group has today announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on … Continue reading NatWest & OpenAI collaborate to accelerate cutting-edge AI transformation in support of bank-wide simplification and enhanced customer experience

Exchange Bank Appoints Bahar Ozgur as Vice President and Commercial Relationship Manager

Exchange Bank Appoints Bahar Ozgur as Vice President and Commercial Relationship Manager

News Release – Santa Rosa, CA – (March 11, 2025) – Santa Rosa, CA – Exchange Bank (OTC: EXSR) is pleased to announce the appointment of Bahar Ozgur as Vice President and Commercial Relationship Manager. In this role, Ozgur will focus on strengthening relationships with commercial lending customers while aligning branch and commercial banking efforts to support the Bank’s strategic growth in the North Bay and … Continue reading Exchange Bank Appoints Bahar Ozgur as Vice President and Commercial Relationship Manager

ericsson

Ericsson, SoftBank Corp. achieve milestones in AI-RAN integration joint research and development

Ericsson (NASDAQ: ERIC) and SoftBank Corp. (“SoftBank”) today announced progress and achievements in their ongoing joint research and development collaboration on AI-RAN integration and agreed to sign an MoU to further extend its collaboration. This partnership aims to explore the convergence of Artificial Intelligence (AI) and Radio Access Network (RAN) technologies. Press Release – Mar 03, 2025 – Since the start of the collaboration, Ericsson and … Continue reading Ericsson, SoftBank Corp. achieve milestones in AI-RAN integration joint research and development

World Bank Group

WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

The assessment includes contributions from the African Development Bank. WRI also launches Green-Gray Infrastructure Accelerator, supporting 11 African cities in building climate resilience. NAIROBI, February 19, 2025 — A new report by World Resources Institute (WRI) and the World Bank, with contributions from the African Development Bank (AfDB), provides one of the most comprehensive assessments to date on how Sub-Saharan Africa — one of the world’s most … Continue reading WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

Bank of America Names Mark Kremers President of San Diego

Bank of America Names Mark Kremers President of San Diego

Rick Bregman Retires After 34 Years with the Company Press Release – February 18, 2025 – SAN DIEGO, CA – Bank of America has named Mark Kremers president of Bank of America San Diego. As president and head of the market, Kremers will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. … Continue reading Bank of America Names Mark Kremers President of San Diego

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

Press Release – 10-Feb-2025 The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to … Continue reading African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

SoftBank Group Corp

OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI

February 3, 2025 – OpenAI, Inc. SoftBank Group Corp. Arm SoftBank Corp. For the presentation materials and the archived video of the event held on February 3, 2025, please check here. OpenAI and the SoftBank Group today announced a partnership to develop and market Advanced Enterprise AI called “Cristal intelligence.” Cristal intelligence will securely integrate the systems and data of individual enterprises in a way that … Continue reading OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI