Global Banking Monitor

Saturday, April 27, 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: banks

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective internal communications are paramount to success. They not only facilitate the smooth operation of daily activities but...

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...

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...

Debanking Unraveled: A Recap of Events and Current Standing of Banks

UK banking rules are in the midst of a shake-up after a turbulent year which saw former Ukip leader Nigel Farage spark a crisis...

Central Bank’s Monetary Body Gets Crypto Specialist in Erdogan’s Recent Appointment

Turkey President Recep Tayyip Erdogan has appointed Fatma Ozkul, a professor who teaches about crypto assets and blockchain technology, to the central bank’s rate-setting...

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...

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...

China’s Big Banks Adjust Deposit Rates, Indicating a Move Towards Policy Easing

China’s biggest state-owned banks are slashing deposit rates again, fueling expectations this will create more wiggle room for the central bank to cut lending...

Public Disclosure Policy Introduced by Fed’s Regional Banks

The Federal Reserve’s 12 regional banks adopted a limited policy for responding to public requests for information, following calls from lawmakers for greater transparency...

Enhanced Security: RBI Guides Banks to Roll Out Card-on-File Token Facility for Customers

The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility at the level of banks and other institutions...

Optimistic Outlook: Global Banks Foresee No Recession, While US Companies Exercise Caution

Heading into 2024, analysts say the U.S. recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is...

Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

The commercial real estate sector is at risk of seeing its biggest crash since 2008, and that could slam US banks with up to...

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