action Archives - Global Banking Monitor

Korean Banks Take Action: $1.5 Billion Pledged Amid Profit-Sharing Pressure

Commercial banks in South Korea will provide at least a combined 2 trillion won ($1.5 billion) to support self-employed and mom-and-pop business owners as...

UK Judge Rules: Banks to Encounter Class Action Over Forex Rigging

Banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc will face a class action suit over allegations of foreign exchange manipulation after...

Top Economists Advocate Bolder Action in Tackling the ‘Crisis of Extreme Inequality’

More than 230 economists and political leaders have called on the United Nations and the World Bank to do more to tackle the widening...

Czech Republic Takes Action: Lending Rules Relaxed as High Rates Cool Housing Market

The Czech central bank took the first step to ease lending conditions after the highest interest rates in more than two decades curbed credit...

Possible Rating Action Looms as U.S. Debt Talks Exhibit Change in Tone, says Moody’s

Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling...

ECB’s Guindos Urges Action to Mitigate Non-Bank Risks

European Central Bank Vice President Luis de Guindos said steps must be taken to avoid future dangers stemming from the growing role of non-banks...

China’s Currency Surges as Central Bank Takes Action Against Speculation

China’s yuan jumped on Friday after the country’s central bank moved to shore up the currency following a recent selloff, vowing to curb speculation...

Goldman Sachs CEO and Prominent US Executives Call for Swift Action on US Debt Limit

More than 140 top business executives, including Goldman Sachs Group Inc. Chairman and CEO David Solomon, urged President Joe Biden and top congressional leaders...

Moderate US Jobs Growth Unlikely to Satisfy Fed’s Criteria for Action

With a little over three weeks to go until the Federal Reserve’s next interest-rate decision, the absence of further bank failures and fresh evidence...

Bank of England Urges Swift Action on Funds that Nearly Brought Down UK Financial System

The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about the...

Credit Suisse AT1 Bond holders Possibly Pursuing Legal Action, Says Law Firm

Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse (CSGN.S) Additional Tier 1 (AT1) bond holders about...

Billionaire Bill Ackman Calls for Urgent Government Action on Silicon Valley Bank Failure

Billionaire investor Bill Ackman wrote a lengthy analysis of the Silicon Valley Bank failure on Saturday, arguing that the U.S. government needs to protect...

Silicon Valley Bank’s UK arm faces shutdown as Bank of England takes action

The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: action