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Strengthening central bank reserve management during a global crisisOctober 5, 2020

Strengthening central bank reserve management during a global crisis

Central banks impact our daily lives in many ways with their role to promote economic and financial welfare of citizens, but their operations are even more critical during a crisis. The global challenges presented by the COVID-19 pandemic make...
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Debt Service Suspension Initiative could save countries around $12 billionJune 25, 2020

Debt Service Suspension Initiative could save countries around $12 billion

Since the COVID-19 outbreak, developing economies have suffered unprecedented capital outflows. The World Bank Group has created a virtual one-stop for the latest information about Debt Service Suspension Initiative (DSSI). It highlights the...
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HSBC to acquire remaining 50 per cent stake in its life insurance joint venture in ChinaMay 22, 2020

HSBC to acquire remaining 50 per cent stake in its life insurance joint venture in China

HSBC Insurance (Asia) Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (“HSBC”), is pleased to announce that it has entered into an agreement to acquire the remaining 50% equity interest in HSBC Life Insurance Company Limited...
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Western Union Expands Global Real-Time Payments NetworkApril 25, 2020

Western Union Expands Global Real-Time Payments Network

Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announced continued expansion of its Global Network for real-time money-movement and payments, benefiting the Company’s consumers and clients across...
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BNY Mellon Declares DividendsApril 16, 2020

BNY Mellon Declares Dividends

The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors authorized dividends on its common and preferred stock as follows:
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Intertek: Update On Novel CoronavirusApril 7, 2020

Intertek: Update On Novel Coronavirus

Intertek’s first priority is always the health, safety and security of our people and delivering outstanding service levels to our highly-valued customers.
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Sweden joins ECB’s instant payments settlement platformApril 4, 2020

Sweden joins ECB’s instant payments settlement platform

The European Central Bank (ECB), the Eurosystem and Sveriges Riksbank concluded a cooperation agreement offering Sweden access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) to support the Swedish instant payment service, called...
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PwC statement - COVID-19April 1, 2020

PwC statement - COVID-19

“The health and wellbeing of our staff is our number one priority and we are currently providing guidance, support and advice to colleagues on the COVID 19 virus. This includes using the option of working from home and to keep up to date with the...
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COVID-19: National Bank Clients Can Now Request a Payment Deferral on Their Personal Loans OnlineApril 1, 2020

COVID-19: National Bank Clients Can Now Request a Payment Deferral on Their Personal Loans Online

National Bank launched an online form enabling its clients to request a deferral on their personal loan payments. Clients who are currently experiencing financial difficulties due to COVID-19 will be able to postpone their principal and interest...
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KeyBank Announces Support for those Impacted by CoronavirusMarch 31, 2020

KeyBank Announces Support for those Impacted by Coronavirus

KeyBank today is detailing several steps it has taken to help support its clients facing economic hardship due to the spread of COVID-19. In addition to financial programs already in place, KeyBank announced it will defer payment for at least 90...
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Western Union Provides Update on Impact from COVID-19 and 2020 Financial OutlookMarch 30, 2020

Western Union Provides Update on Impact from COVID-19 and 2020 Financial Outlook

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movements and payments, has continued to closely monitor the development of the unprecedented COVID-19 pandemic in an effort to protect and serve the...
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Northern Trust Statement on Share RepurchasesMarch 29, 2020

Northern Trust Statement on Share Repurchases

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, announced that it has temporarily suspended purchases of its common stock under its share repurchase program.
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Profit Taking Leads To Early Sell-Off On Wall StreetMarch 27, 2020

Profit Taking Leads To Early Sell-Off On Wall Street

Stocks moved sharply lower early in the trading day on Friday, giving back ground after moving sharply higher over the past few sessions. The pullback on the day comes after the Dow recorded its biggest three-day spike since 1931.
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Supervisory Board recommends Dagmar Valcárcel, Sigmar Gabriel and Theodor Weimer to be elected at the Annual General MeetingMarch 21, 2020

Supervisory Board recommends Dagmar Valcárcel, Sigmar Gabriel and Theodor Weimer to be elected at the Annual General Meeting

The Supervisory Board of Deutsche Bank will submit a proposal to the Annual General Meeting on May 20, 2020 for three candidates to be elected to the Supervisory Board of Deutsche Bank. In addition to Dagmar Valcárcel (53) and Sigmar Gabriel...
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Mastercard and Samsung Partner to Enable Digital InclusionMarch 21, 2020

Mastercard and Samsung Partner to Enable Digital Inclusion

Mastercard announced a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on Demand platform.
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Allianz strengthens its Alternatives capabilitiesMarch 13, 2020

Allianz strengthens its Alternatives capabilities

Allianz announced its intention to combine the strengths of PIMCO, one of the world’s premier fixed income investment managers, and Allianz Real Estate, the captive real estate specialist with more than 70 billion euros of assets under...
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9M19 Activity indicators: Strong growth momentum across the GroupNovember 7, 2019

9M19 Activity indicators: Strong growth momentum across the Group

"AXA delivered another strong operating performance in the first nine months of 2019. AXA’s revenues grew overall by 5%, notably with a continued strong growth dynamic in P&C Commercial lines and in Health, and with all of AXA’s geographies...
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Allianz and Embry-Riddle Aeronautical University report: Flying has never been saferNovember 6, 2019

Allianz and Embry-Riddle Aeronautical University report: Flying has never been safer

Despite record numbers of over 4 billion passengers globally, statistics show that flying has never been safer. The global airline industry has experienced some of its safest years ever in terms of fatal accidents in recent times, according to...
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Brex and Mastercard Partner on U.S. ExpansionOctober 24, 2019

Brex and Mastercard Partner on U.S. Expansion

Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card...
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Allianz Global Risk Dialogue: I, CobotOctober 11, 2019

Allianz Global Risk Dialogue: I, Cobot

Collaboration is key in the workplace. And cobots – ‘collaborative robots’ - are very good at it. Relieving humans of repetitive tasks, these bots are doing everything from topping your pizza to inspecting aircraft. Who are they and what can we...
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Tjeerd Bosklopper to be appointed as CEO Netherlands a.i.October 4, 2019

Tjeerd Bosklopper to be appointed as CEO Netherlands a.i.

NN Group announces the intended appointment of Tjeerd Bosklopper as CEO Netherlands ad interim. The appointment of Tjeerd Bosklopper is subject to approval by the Dutch Central Bank, and is expected to be effective as from early November 2019....
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Rio Tinto signs MOU with Chinese partnersSeptember 25, 2019

Rio Tinto signs MOU with Chinese partners

Rio Tinto, one of the world’s largest iron ore producers, has today signed a Memorandum of Understanding (MOU) with China’s largest steel producer, China Baowu Steel Group and Tsinghua University, one of China’s most prestigious and influential...
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Toyota to Invest R$ 1 Billion in its Plant in Brazil to Produce New VehicleSeptember 20, 2019

Toyota to Invest R$ 1 Billion in its Plant in Brazil to Produce New Vehicle

Toyota Motor Corporation (Toyota) announces that Toyota do Brasil Ltda. (TDB), TMC's Brazilian sales and manufacturing subsidiary, has just formalized its intention to invest R$ 1 billion in its Sorocaba Plant in Sao Paulo, Brazil. The plant,...
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Allianz Future Generations Award 2019July 24, 2019

Allianz Future Generations Award 2019

Promoting the world’s healthiest diet can improve the health of an economy and a society too. Wise Greece, winner of the Allianz Future Generations Award 2019, shows us how. In a tough competition, Wise Greece beat out seven other social startups...
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AXA expands its Payer-to-Partner strategy in emerging markets through innovative healthcare delivery systemsJuly 17, 2019

AXA expands its Payer-to-Partner strategy in emerging markets through innovative healthcare delivery systems

AXA announced today the expansion of its Payer-to-Partner strategy in emerging markets. AXA is creating a digital and physical health care ecosystem by launching its own medical centers, linked directly to its health insurance services. By...
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