Global Banking Monitor

Saturday, May 18, 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...

News

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees who, the WSJ reports, are being allowed to sell their stock to investors keen to get in on the pre-IPO action. This...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI) is reshaping the landscape of work, preparing...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective internal communications are paramount to success. They...

Unicredit reportedly in talks to buy Vodeno

UniCredit is considering an acquisition of Vodeno, aiming to enhance its banking services and...

Raiffeisen’s Russia Deal Raises Questions as Executive Linked to Sanctioned Tycoon Emerges

Raiffeisen Bank International AG says it may finally have a way to move some...

Modest Growth Signals a Soft Landing for Canada’s Economy

The Canadian economy is on track to avoid back-to-back quarterly contractions, with early data pointing to a slight rebound toward the end of the...

Goldman Sachs Distinctive in Predicting Turkish Rates Have Reached their Peak

Goldman Sachs expects Turkey’s interest rate hike on Thursday to be the last in the current tightening cycle, standing out from other banks that...

Barclays Anticipates BoE to Implement Rate Cut in May 2024

Barclays said on Friday it expects the Bank of England (BoE) to start its interest-rate cut of 25 basis points in May, compared to...

Global Economic Slowdown Expected in 2024 Due to High Rates, War, and Inflation

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and...

Morgan Stanley CEO Attributes 2023 Bank Failures to ‘Stupidity of Their Own Management

Morgan Stanley CEO James Gorman blamed mismanagement and recklessness for the spate of bank failures earlier this year. In an attempt to forestall another financial...

World’s Central Banks Approach 2024 with Cautious Steps—Here’s Why

Some of the world’s major central banks – including the US Federal Reserve, the European Central Bank and the Bank of England – are...

Japan Banks Rush to Strengthen Asset Management Business Amid Government Reform Push

The Japanese government's reform push for the country's $5 trillion asset management industry has sparked a series of action plans from top Japanese banking...

Japan’s Core Inflation Slows, Providing Breathing Room for BOJ in November

Japan's core inflation slowed sharply in November to a pace unseen in over a year, data showed on Friday, highlighting easing cost-push pressures that...

Mongolia Initiates Historic Move: Opens Door to Foreign Banks for Financial Sector Expansion

Mongolia is opening its door to foreign banks for the first time to support its developing banking sector, the country’s finance minister said. The move...

Deutsche Bank’s Postbank Under Pressure as Employees Seek 15.5% Pay Hike

Deutsche Bank AG is facing a demand for a 15.5% pay increase at its Postbank retail business, adding to cost pressures for Chief Executive...

Revolut Issues Delayed Accounts in Effort to Advance Towards UK Bank License

British online bank Revolut Ltd. published its delayed accounts for 2022 on Friday, removing a hurdle in its bid for a UK banking license...

Nigeria Faces Cash Crunch Again on Anniversary of Failed Demonetization Campaign

Nigerians are hoarding cash again amid memories of a failed official campaign around this time last year to demonetize high-value naira notes. Many ATMs have...

UK Economy Shrinks, Escalating Risk of Recession

The UK economy unexpectedly shrank in the third quarter, raising the possibility that Britain is already in a recession and fueling bets on the...

Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures

Turkey’s central bank delivered its seventh straight interest-rate hike as part of efforts to curb inflation that’s seen accelerating to 70% in the coming...

Featured Post

Apple Pay processes $6 trillion in 2022

For those executives who haven't been watching the continued growth of Apple Pay, the...

Latest Award

Sohar International: Best Ecosystem Banking App Award 2023

We have been closely following the recent launch of Sohar International Bank's latest mobile...

Recent Event Listing

Dubai Fintech Summit 2023

http://www.dubaifintechsummit.com The Dubai FinTech Summit 2023 will set a global benchmark for the way enterprises...