Global Banking Monitor

Friday, April 26, 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: ceo

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...

Citigroup Announces Closure of Global Distressed-Debt Unit as Part of CEO Jane Fraser’s Restructuring Plan

Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul of the bank, CNBC has learned. The company decided...

Commonwealth Bank’s Deputy CEO David Cohen Announces Departure

The Commonwealth Bank of Australia (OTC:CMWAY) (CBA) has announced the departure of Deputy CEO David Cohen, effective December 31, marking the end of a...

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength...

Bank of America CEO Raises Concerns about Impact of Higher Capital Requirements

Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to...

CEO of Natwest Steps Down After Acknowledging ‘Serious Error’ in Farage Leak

NatWest (NWG.L) CEO Alison Rose on Wednesday stepped down with immediate effect after she admitted a "serious error of judgment" in discussing former Brexit...

UBS CEO Ermotti Suggests Retaining Credit Suisse as Domestic Bank

UBS chief executive Sergio Ermotti has given the clearest indication yet that his bank intends to keep hold of Credit Suisse’s domestic business in...

UBS CEO Ermotti Optimistic: “Prospects for UBS Are Better Than Ever”

UBS's Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank's historic takeover of former rival...

HSBC CEO Talks About Innovation, Emerging Technologies, and the Bank’s Perspective on Crypto

HSBC is Europe’s largest bank, with assets under management of nearly $3 trillion, and it recently rescued Silicon Valley Bank's U.K. subsidiary. Meanwhile, it...

CEO of Major Colombian Bank Highlights Better-Than-Expected Loan Growth

Colombian mortgage and commercial lending are unexpectedly resilient after the central bank’s steepest-ever series of interest rate rises, according to the head of the...

Bank of America CEO Highlights US Consumer as the Federal Reserve’s Primary Challenge

Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is “not good for...

Commercial Bank of Kuwait CEO Warns that Banking Turmoil is Far from Over

The current turmoil in the banking industry, which has seen the collapse of four US lenders and the takeover of Credit Suisse Group AG,...

Excessive CEO Pay Blamed by Senators for Failures of Regional Banks

US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus...

JPMorgan CEO Rules Out Acquisition of Struggling Banks

JPMorgan Chase & Co CEO Jamie Dimon said that it is "unlikely" that the bank will acquire any other struggling lender, weeks after it...

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