Tag: Banking

Oregon Pacific Bank
United States

Oregon Pacific Bank Welcomes Lance Rudge as New Chief Operating Officer

EUGENE, Ore. – Oregon Pacific Bank is pleased to announce the appointment of Lance Rudge as Executive Vice President and Chief Operating Officer (COO), marking a significant milestone in the Bank’s continued growth and strategic expansion. Rudge brings over two decades of leadership and operational expertise in the banking industry, positioning the bank for future success as it scales to meet the evolving needs of … Continue reading Oregon Pacific Bank Welcomes Lance Rudge as New Chief Operating Officer

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World Bank Group
United States

North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Skopje, October 7, 2024 – North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank Group’s new Country Climate and Development Report (CCDR) for North Macedonia launched in Skopje today. According to the report, North Macedonia needs to invest US$6.4 billion over the next decade to effectively protect people and … Continue reading North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

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Brad Rogoff
United States, Untied Kingdom

Barclays appoints Bradley Rogoff as Global Head of Research

Mr. Rogoff joined the firm in 2002 and currently serves as the Head of FICC Research LONDON & NEW YORK – Barclays today announces the appointment of Brad Rogoff as Global Head of Research, effective 1 October 2024. Currently the Head of FICC Research, Mr. Rogoff is based in New York and will report to Stephen Dainton, Head of Investment Bank Management and President, BBPLC. … Continue reading Barclays appoints Bradley Rogoff as Global Head of Research

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Mastercard
Africa, United States

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

NAIROBI, Kenya – Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission to deliver innovative, customer-centric products. By combining our expertise with Mastercard’s global … Continue reading Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

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World Bank Group
United States

The World Bank and Qatar Partner to Drive Impact for Global Education

WASHINGTON, September 13, 2024 — The World Bank, Qatar, and the global foundation Education Above All have announced a partnership focused on expanding quality access to education worldwide. Successive global challenges in recent years have led to an increase in out-of-school children and youth and a massive global learning deficit. Countries are urgently seeking solutions and the needed finance to reverse current education trends. The agreements … Continue reading The World Bank and Qatar Partner to Drive Impact for Global Education

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swissbanking
Europe

The impact of geopolitics on the Swiss financial centre 

At the 2024 Swiss Bankers Association Bankers Day, Chairman Marcel Rohner emphasized the importance of Switzerland’s political and economic stability, highlighting key areas such as neutrality, property rights protection, and consistent sanction policies. Four new members joined the SBA Board of Directors. The event underscored geopolitics’ impact on Switzerland’s financial centre. Continue reading The impact of geopolitics on the Swiss financial centre 

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Central Pacific Financial
United States

Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

HONOLULU – Ralph Mesick, a veteran Hawaii banker with nearly 40 years of financial services experience, has joined Central Pacific Bank (CPB) as its Senior Executive Vice President and Chief Risk Officer, according to an announcement today by Arnold Martines, CPB chairman, president, and chief executive officer. “The bank was started for our community, by our community, and I look forward to helping build our … Continue reading Veteran Banker Ralph Mesick Joins CPB as Senior Executive Vice President and Chief Risk Officer

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Nigerian banks
Africa

Nigerian banks are trying to raise funds for recapitalization through public offers; but do Nigerians have the money to buy them?

-Emmanuel Abara Benson Nigerian banks have until April 2026 to recapitalize, as recently mandated by the Central Bank of Nigeria (CBN). Already, some of them have submitted their recapitalization plans, and it appears they are resorting to the capital market to raise money through right issues, private placements, and public offers. GTCO Plc is among the first to launch a public offer, seeking to raise … Continue reading Nigerian banks are trying to raise funds for recapitalization through public offers; but do Nigerians have the money to buy them?

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