News

In a recent development, the World Bank board of executive directors has given the go-ahead to $1.5 billion in funding to speed up low-carbon energy development in India. A statement rolled out by the World Bank said that the funding...

S&P Global has revised its projection for China's economic growth this year, emphasizing the uneven recovery from the pandemic and prompting calls for additional stimulus. The new forecast from S&P estimates China's GDP growth to be 5.2% in 2023,...

Operating on a limited budget from a suburban location near Washington, an individual named Will Hild is preparing to challenge Wall Street and the supporters of ESG (Environmental, Social, and Governance) investing. Hild and his small team at Consumers'...

The COVID pandemic and concerns over global warming have raised public interest in ESG investing. The Global Sustainable Investment Alliance (GSIA) has categorized ESG investing into seven themes: impact investing, corporate engagement, sustainability-themed investing, norms-based screening, best-in-class screening, negative...

VirtusaVirtusa Corporation, a provider of digital strategy, digital engineering, and information technology (IT) services, announced a strategic partnership with Icon Solutions, a provider of solutions and technology that simplify payments transformation. The partnership is founded on mutual domain consulting expertise,...

Oracle has launched new cloud-native services that can help banks strengthen their finance and risk management processes to reflect their target risk appetite and limit exposure. The four new services provide banks with highly scalable profitability management and customer analytics, funds transfer pricing, asset...

Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have entered a partnership aimed at enhancing their investment technology solutions for wealth managers and private banks. As part of the partnership, BlackRock is making a...