Global Banking Monitor

Monday, May 13, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

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Moderna adding 2,000 new workers this year

Moderna has revealed it will add to its workforce and its U.S. office footprint. In a press release put out Friday, Moderna said it will...

Silicon Valley Bank collapse marks worst bank failure since Great Recession

The closure of Silicon Valley Bank (SVB) was announced by the (FDIC) on Friday, marking the worst U.S. financial institution failure in nearly 15...

SVB sparks concerns over capitalization, leading to a decline in bank stocks

The S&P 500 bank index tumbled nearly 6% on Thursday in its biggest one-day drop in over two years as investors fled the industry...

Bank of Canada requires additional evidence to determine whether rates are sufficiently high

The Bank of Canada needs more evidence to gauge if interest rates are high enough to tame inflation, in part because the economies of...

Asia markets set to rise as concerns over higher U.S. interest rates linger

Asia-Pacific markets are set to rise on Friday after Wall Street's rally overnight as investor concerns over higher U.S. interest rates continued to linger. Japanese...

Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales

Costco announced earnings for the second quarter of the company’s fiscal year that delivered mixed results that mostly beat expectations. Costco’s net sales for the...

Australian regulator grants interim authorisation to Qantas-Jetstar coordination

March 3 (Reuters) - Australia's competition regulator on Friday granted interim authorisation to Qantas Airways QAN.AX and its budget arm Jetstar Airways for a...

Australian Market Modestly Higher

(RTTNews) - The Australian stock market is modestly higher on Thursday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving...

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