(JOHANNESBURG): J.P. Morgan announced today that its two-year pilot programme for South African Small and Medium Enterprises (SMEs) successfully achieved the objectives set out at inception. All companies in the SME Catalyst for Growth Programme (C4G Programme) are still successfully operating, with an overall median annual revenue increase of 27%, growth in employment and an […]
BOSTON- –Gillette® (NYSE: PG), the world’s leading male grooming brand, today unveils a video that shows the evolution of men’s style over the last century. In just sixty seconds, the video uses the perspective of a man’s bathroom mirror to show iconic looks from each era, spotlighting the way grooming habits have played a role […]
Bank of America Merrill Lynch Global Transaction Services (GTS) today announced the implementation of a tailored collections and payments solution in China for OSI Group (OSI) LLC, a privately-owned U.S.-based food processing corporation. In addition to a full suite of treasury management services to help OSI optimize working capital in China, the customized solution includes […]
The 2014 U.S. Trust Insights on Wealth and Worth® survey released today provides a new, in-depth look at the structurally diverse modern American family and finds the dynamics add complexity to money issues already heightened in families with increased wealth. Based on a nationwide survey of 680 U.S. high net worth individuals with $3 million […]
The 2014 U.S. Article IV highlighted five broad themes to both strengthen the recovery and improve the long-term outlook: raising productivity growth and labor participation, confronting poverty, keeping public debt on a sustained downward path, managing the exit from zero policy rates, and securing a safer financial system. To achieve these goals and fortify the […]
On Monday, Treasury and the Center for Strategic and International Studies (CSIS) co-hosted a symposium entitled “TFI@10: The Evolution of Treasury’s National Security Role,” on the role of financial tools in advancing U.S. national security. This symposium marked the 10th anniversary of the Treasury Department’s Office of Terrorism and Financial Intelligence (TFI) and convened senior […]
WASHINGTON, – Developing countries are headed for a year of disappointing growth, as first quarter weakness in 2014 has delayed an expected pick-up in economic activity, according to the World Bank’s Global Economic Prospects (GEP) report, released today. Bad weather in the US, the crisis in Ukraine, rebalancing in China, political strife in several middle-income […]
NEW YORK, —JPMorgan Chase & Co. and the Center for Financial Services Innovation (CFSI) today announced their collaboration on the Financial Solutions LabSM, a new $30 million, five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve financial capability. This cross-industry initiative intends to catalyze the development […]
A new landmark study from Merrill Lynch, conducted in partnership with Age Wave, finds that nearly three out of four (72 percent) pre-retirees over the age of 50 say their ideal retirement will include working – often in new, more flexible and fulfilling ways. And with already half (47 percent) of current retirees having worked […]
WASHINGTON D.C., – The World Bank Group (WBG) has this week announced its first Country Partnership Strategy (CPS) with the Federated States of Micronesia for the period 2014 – 2017. The strategy integrates the country’s own development objectives and focuses on key areas of engagement where the World Bank Group can support the Government and […]
