February the 14th 2020 marks the day that Bank of Georgia unveiled its unique business space – 4B. According to the initiative to support the development of SMEs, the Bank has decided to create a hub where its client business owners will have the opportunity to attend events, plan meetings, get tips and useful information, or simply get to know other interesting individuals. In the new business space, the SME clients of Bank of Georgia will be offered a service by private bankers while having the opportunity to book and benefit from the workspace as well as find out special
The FINANCIAL — A majority of the Swiss population favors the expansion of relations with the EU, but wants politicians to be more assertive toward other countries. As Swiss voters see it, events such as Brexit and the ongoing pandemic have greatly
More
The FINANCIAL — As more businesses turn to digital payments, and the number of connected devices grows, one thing is becoming increasingly clear: consumers are demanding more clarity around what they bought and who they bought it from. Almost everyone has experienced
More
The FINANCIAL — Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), a Private Equity team within Morgan Stanley Investment Management, announced that they have completed an investment in US HealthConnect (“USHC” or the “Company”). MSCP is partnering with the current management
More
The FINANCIAL — A loan of up to €20 million by the European Bank for Reconstruction and Development (EBRD) to Banca Intesa Beograd will help businesses and municipalities in Serbia to cope with the economic fallout of the coronavirus pandemic. The EBRD funds will address the liquidity needs
More
The FINANCIAL — The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), and the Banco de España have entered into an amendment of their 2017 borrowing agreement through which the Banco de España will provide an additional
More
The FINANCIAL — Deutsche Bank has appointed Kalpana Seethepalli to its Asia Pacific ESG team. This hire follows the appointment of Kamran Khan as Head of ESG for Asia Pacific in May of this year. In a newly created role, Kalpana will
More
The FINANCIAL — HSBC Holdings released Q3 2020 earnings. Noel Quinn, Group Chief Executive, said: “These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy. I’m pleased with the significantly lower credit losses in the
More
The FINANCIAL — Morgan Stanley today announced a donation of $2.5 million to hunger relief organizations worldwide, equaling 25 million meals, as a result of its latest employee campaign: Move for Meals. From October 16-18, nearly 10,500 employees in more than 440
More
The FINANCIAL — The Credit Suisse digital bank offering announced in mid-September ‒ CSX and CSX Young ‒ is available to individuals in Switzerland from today: The CSX app can now be downloaded from the App Store and Google Play Store. It
More
The FINANCIAL — Morgan Stanley (NYSE: MS) announced the issuance of a $1 billion social bond to support affordable housing projects, the latest step in the Firm’s ongoing strategy to advance market-based solutions to address sustainability challenges. This issuance follows the inaugural green
More