Global Banking Monitor

Saturday, April 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...

Tag: bank

Nigeria Announces Takeover of Banks Acquired by Ousted Bank Governor

Nigeria said it will take possession of two banks that the government alleges were bought at a major discount by former Central Bank Governor...

Record High Interest in Fed’s Bank Term Funding Facility

Banks borrowed a record amount from the Federal Reserve’s newest backstop facility in the most recent week as increasing wagers on interest-rate cuts made...

Nigerian Central Bank Allows Crypto Trading, Lifts Previous Ban

Nigeria's central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the...

Russian Central Bank Signals Caution, Requires Months of CPI Decline Before Considering Rate Cuts – RBC

Russia's central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate...

Bank of Japan Takes Steps Toward Normalization, but Full Transition Remains Incomplete

The news that economic policy minister Yoshitaka Shindo would be in attendance at the Bank of Japan’s policy meeting had sparked market speculation about...

Indian Central Bank Expresses Uncertainty in Aligning Inflation with 4% Target

The Indian central bank’s objective of aligning inflation with its 4% target on a durable basis is far from assured and a failure to...

Swiss National Bank Welcomes Two New Deputy Rate-Setters

Switzerland’s government has enlarged the number of deputies for the Swiss National Bank’s rate-setting board, appointing two new officials who step in if the...

Peru’s Central Bank Foresees Economic Shrinkage After Significant Adjustment

Peru central bank chief Julio Velarde said the nation’s gross domestic product will contract this year, marking the first time a government official publicly...

Bank of Montreal Modifies Loan Agreement for Warburg’s Everise Stake

A group of banks led by Bank of Montreal had to rework a debt sale that financed Warburg Pincus’ purchase of a stake in...

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...

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...

Co-Op Bank of UK Engages in Exclusive Merger Talks with Coventry

British lender Co-Operative Bank said it’s in “exclusive discussions” with Coventry Building Society over a potential merger after receiving some non-binding proposals from prospective...

Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast

Brazil’s central bank trimmed its 2024 economic growth forecast as strong household consumption dwindles in the face of restrictive monetary policy. The bank expects gross...

Royal Bank of Canada Receives Approval for $10 Billion Purchase of HSBC Unit

Canada on Thursday approved Royal Bank of Canada's (RY.TO) C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's (HSBA.L) domestic unit, in a deal that...

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