Global Banking Monitor

Monday, May 6, 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: business

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...

Business Investment Feels the ‘Chill’ of Brexit, According to Bank of England Deputy Governor

The outcome of the Brexit vote and years of political uncertainty it triggered has had a chilling impact on business investment in Britain, a...

UK Considers Extending Bank Closure Rules to Business, Reports Telegraph

UK ministers are considering plans to extend new bank closure rules to businesses as they look to prevent lenders from closing bank accounts because...

Barclays Said to be Considering Selling Its German Consumer Finance Business

Barclays Plc is preparing the sale of its consumer-finance business in Germany and has held preliminary talks with potential buyers, according to people familiar...

HSBC Announces Closure of Wealth and Personal Banking Business in New Zealand

HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on Tuesday, as it exits from...

Goldman’s sovereign business leader, Powell McCormick, joins a merchant bank

Dina Powell McCormick (NYSE:MKC), the head of Goldman Sachs Group Inc (NYSE:GS)'s sovereign business, is leaving to join merchant bank BDT & MSD Partners,...

Sullivan & Stanley launches The Future Business Formula book

Congratulations to the team at Sullivan & Stanley who today published The Future Business Formula book. It's written by the firm's Chief Change Officer...

Banks May Soon Begin Cancelling Business Credit Lines

The growing banking crisis has small business owners concerned their lines of credit could be canceled as elevated interest rates further diminish loans in...

Schwab’s $7 trillion business built on low rates displaying cracks in foundation

On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense. The firm, a half-century mainstay...

Barclays-supported Bink raises £9m in funding to expand business

A loyalty app which counts Barclays and Lloyds Banking Group among its shareholders has secured a £9m funding lifeline. Sky News understands that existing investors...

Russian Business Continues to be Avoided by Major Oil Traders

The world’s biggest oil traders said they’re wary of trying to muscle back into Russian exports, a response that might disappoint the US Treasury...

Credit Suisse obtains key approval to launch wealth business in China

Credit Suisse (CSGN.S) has received regulatory green light from China after years of waiting to launch a full-fledged wealth management business in the world's...

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