Tag: Finance

Un Energy Compacts
Global

Finance commitments under Energy Compacts reach $1.4 trilliontowards achieving global goals on clean energy

New report shows continued investment and impact, but more is neededto address energy poverty and transition in underserved countries New York, 25 September 2024 — New commitments to boost renewable energy and increase access to electricity and clean cooking technologies by 2030 have brought the finance and investment pledged through the United Nations for the energy transition to US$ 1.4 trillion, according to a report … Continue reading Finance commitments under Energy Compacts reach $1.4 trilliontowards achieving global goals on clean energy

Impact Newswire
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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Mastercard
Global

Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

Mastercard announced the $2.65 billion acquisition of global threat intelligence company, Recorded Future, to enhance its cybersecurity services and provide greater threat intelligence across its network. The acquisition aims to improve cyber risk mitigation using AI, benefiting Mastercard’s vast client base, fostering innovation, and extending Recorded Future’s market reach. Continue reading Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

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Standard and Poor’s Global
Global

S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Kingston, Jamaica: Wednesday, September 13, 2023 Standard and Poor’s Global Ratings, today, September 13, 2023, upgraded the Government of Jamaica’sLong-Term Foreign and Local Currency Issuer Default Rating (IDR) from ‘B+’ to ‘BB-’ with a stableoutlook. The S&P rating reflects the agency’s projections that Jamaica’s debt-to-GDP will continue to decline,led by modest fiscal surpluses, over the medium-term. While the government’s interest burden remainshigh, S&P expects that … Continue reading S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”

Impact Newswire
Yonsei University Joins Ripple’s UBRI
United States

Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Partnership with one of South Korea’s most prestigious academic institutions is Ripple’s 58th UBRI partnership globally and 12th within Asia Pacific SEOUL, South Korea – Ripple, the leading provider of digital asset infrastructure, announced today that Yonsei University in South Korea is the latest partner to join its University Blockchain Research Initiative (UBRI) program. This new partnership with one of South Korea’s most prestigious academic institutions marks Ripple’s 58th … Continue reading Yonsei University Joins Ripple’s UBRI to Drive Innovation in Blockchain Research

Impact Newswire
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

Impact Newswire
Ripple
United States

Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

SEOUL, South Korea – Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets. “The integration of Ripple Custody is driven by Ripple’s industry-leading security features and capabilities that bolster the security of our customers’ digital assets”Post this Futureverse will enable secure, … Continue reading Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

Impact Newswire
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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