CaixaBank Provides €1.75 Billion in Hotel Sector Financing During First Half of the Year
CaixaBank Hotels & Tourism, the bank’s dedicated unit for the tourism industry, provided €1.75 billion in loans to hotels and tourist accommodations during the first half of 2024. This represents a 43% increase in loan volume compared to the same…
UOB Study: Singaporeans Optimistic About Economy, Youths Financially Unprepared
Singaporean consumers are showing increased optimism about both the local economy and their personal finances, despite ongoing concerns about inflation and gaps in financial preparedness among younger people, according to UOB’s ASEAN Consumer Sentiment Study (ACSS) 2024. The study reveals…
Deutsche Bank Funds Construction of Goorambat East Solar Farm
Deutsche Bank has announced the closing of an AUD 348 million debt and bank guarantee facility for the Goorambat East Solar Farm. The bank will serve as the Initial Financer, Bank Guarantee Facility Provider, and Hedge Provider for this project.…
NatWest Executes £1.1bn Securitisation Deal for Renewable Energy Growth
NatWest has executed a synthetic risk transfer (SRT) securitisation deal worth £1.1 billion, offering credit protection against a portfolio of approximately 40 renewable energy project finance loans. This portfolio spans various renewable technologies, including onshore and offshore wind, solar, smart…
Students Increasingly Relying on Part-Time Work
According to the NatWest Student Living Index, students have seen a 154% increase in the time spent on part-time work, with the average student now working 46.39 hours per month, compared to 18.3 hours per month in 2023. Students in…
Growth Surge: 468,000 New Companies Launched
In a strong indicator of the UK’s economic potential, 468,000 new businesses were launched in the first half of 2024, according to the New Startup Index by Beauhurst, supported by NatWest. This surge brings the total number of companies operating…
NatWest UK Regional Growth Report – July 2024
The latest NatWest UK Growth Tracker revealed an increase in private sector output across ten out of the twelve monitored nations and regions, a slight improvement from the nine recorded in June. The Business Activity Index, a key monthly indicator…
Bank Mandiri Expands One Account One Student for Youth Financial Inclusion
As a key player in advancing development, Bank Mandiri remains dedicated to accelerating financial inclusion among the younger generation. By introducing various innovative solutions and educational initiatives, the bank aims to broaden access to secure and convenient banking services, particularly…
Vogue Codes: Insights and Career Tips from Leading Women in Tech
Helen Lau, General Manager Engineering Delivery: “The best part of my job is using technology to solve everyday problems for the bank and seeing the real-world impact on Australians. Success in tech often comes down to attitude; view mistakes as…
WisdomTree plans a 9% Series A preferred stock buyback and a $300 million convertible notes offering with a $45 million greenshoe option
WisdomTree, Inc. (NYSE: WT) (“WisdomTree”) has announced the pricing of a $300 million private offering of convertible senior notes due 2029 (the “notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The initial purchaser was…
Accord Announces Second Quarter Financial Results
Accord Financial Corp. (TSX – ACD) has announced its financial results for the quarter ending June 30, 2024. All figures are presented in Canadian dollars and comply with International Financial Reporting Standards (IFRS). Financial Highlights Simon Hitzig, President and CEO,…
Arvest Bank and FHLB Dallas Grant $225,000 to Support Youth Homeless Shelter
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded a $225,000 Affordable Housing Program (AHP) grant to Immerse Arkansas, facilitated through FHLB Dallas member Arvest Bank. The grant will fund the construction of a new homeless shelter for…