The FINANCIAL -- IFC, a member of the World Bank Group, and “BNP Paribas Vostok” Bank signed a memorandum of understanding to develop a sustainable energy finance product  focused on financing equipment trade deals in Europe and Central Asia.

The FINANCIAL -- The World Bank and the Italian Civil Protection Department (CPD) signed on November 11 a Memorandum of Understanding (MoU) to join efforts towards advancing the agenda of disaster risk reduction, sustainable recovery, and reconstruction in disaster-prone developing countries. 

The FINANCIAL -- Italy's biggest bank UniCredit SpA said on November 11 that its third-quarter net profit fell 26%, due to increased provisions for bad debt.

The FINANCIAL -- Three UK-based banks will start offering new loans to eligible onshore wind farms. Wind farm developers and the banks will have an opportunity to start brokering the deals at a forum in the city hosted by Ed Miliband and Chancellor Alistair Darling.

The FINANCIAL -- Wells Fargo & Company (NYSE: WFC) on November 10 announced it has released the CEO MobileSM iPhone App. The free time-saving tool alerts corporate and business customers to pending transactions and connects them to online commercial banking services.