The bank reported profit growth, raised its quarterly dividend on Wednesday. The chief executive of the Bank of Nova Scotia says he’s optimistic the Canadian economy will turn a corner despite macroeconomic challenges, as the bank reported profit growth and...
According to World Bank estimates, this is three times the amount raised in 2016 (less than $30 billion). The World Bank documents 87 active policies worldwide and notes that coverage could approach one-third of global emissions if more emerging...
The bank attributed the increase to supportive market movements and SFr 3bn in net new money. Julius Baer has reported assets under management of SFr 528bn ($672.5bn) in the first four months of 2026, representing a 1% rise from the...
Bank raises quarterly dividend to $1.76 per share. Royal Bank of Canada says it’s maintaining a cautious outlook on credit despite analysts praising its performance last quarter, which saw the bank cut funds set aside for bad loans. It comes as...
Wealth management and insurance business earned $837M, up from $707M. TD Bank Group says it has made progress on implementing measures meant to combat money laundering risks as it expects to spend upwards of $500 million this year on those...
Direct integration heightens efficiency as clients no longer need to reconcile on multiple and separate platforms. Citi Investor Services has enabled financial information exchange (FIX) API connectivity for its Asia Pacific ETF clients on ACES (Advanced Citi ETF System), the...
The credit rating agency Moody’s has reaffirmed Saudi Arabia’s credit rating at “Aa3” with a “stable” outlook. The agency mentioned that the affirmation at Aa3 reflects Saudi Arabia’s large and wealthy economy, supported by its vast hydrocarbon endowment, and highly...
The German economy grew by 0.3% in the first quarter of 2026 compared with the previous quarter, the statistics office said on Friday, confirming its preliminary reading. Exports rose considerably at the start of the year, helping Germany's economic performance,...
The global economy is expected to reach $126 trillion in 2026, but that output is highly concentrated. Just four countries—the United States, China, Germany, and Japan—generate roughly half of all economic activity worldwide. This graphic visualizes the full global economy using...
Climate finance has continued to grow with developed countries providing and mobilising $132.8 billion in climate finance for developing countries in 2023 and $136.7 billion in 2024, according to new OECD data. The latest report, Climate Finance Provided and Mobilised...
