Global Banking Monitor

Thursday, April 25, 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: chinese

Lending Rates Unchanged as Chinese Banks Brace for Possible PBOC Easing in 2024

Chinese banks held their benchmark lending rates after a similar move by the central bank, bolstering expectations that further monetary easing will take place...

Chinese Banks Brace for Potential Erosion of Capital Buffers Due to Lingering Weak Market Sentiment

Chinese banks are likely to see further erosion in their capital cushions above regulatory minimum requirements after the quarter ended Sept. 30, as market...

Chinese Banks Increase Bad Loan Sales in Response to Escalating Consumer Defaults

Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising...

JPMorgan Warns of Risk in Unsecured Loans to Chinese Developers

Any step by China to allow banks to provide unsecured loans to qualified developers “would be a risky move” for the lenders, according to...

Chinese Shadow Bank Reveals Enormous Debt, Unable to Fulfill Obligations

A major wealth management company in China has told investors it can't pay all its bills, reigniting fears that the country's long-running real estate...

Chinese Parliament Pushes Banks for Increased Involvement in Property Finance

China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure completion of housing projects, members of...

Chinese Officials Emphasize Macroeconomic Policy Support for High-Quality Development

We begin with measures to bolster China’s real economy where policymakers today stressed the importance of macroeconomic policy support to boost the economy and...

Loophole in Trade Policy Facilitates Influx of Affordable Chinese Products to US

The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products...

Chinese Banks Receive Support from Citi and UBS Following Goldman Sachs’ Report

Chinese banks are drawing a growing list of defenders against Goldman Sachs Group Inc.’s pessimistic report on the industry, highlighting how it stands out...

Chinese Banks Maintain Unchanged Lending Rates Following PBOC’s Pause

Chinese banks kept their benchmark lending rates unchanged on Thursday, in line with the central bank’s move earlier this week as policymakers assess the...

Chinese Banks Dealt Another Blow as Mortgage Refinancing Pushes Impact

Chinese banks’ profits may take a hit as policymakers urge lenders to lower the refinancing costs on $5.4 trillion of home loans, adding further...

Canada Ends Partnership With Asian Infrastructure Bank, Citing Alleged Chinese Interference

Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims the institution faces substantial interference from...

Chinese Big Banks Reduce Deposit Rates, Signaling Potential Monetary Easing Measures

China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow...

Chinese Yuan May Decline Further to Boost Economic Revival

Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and...

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