deposit Archives - Global Banking Monitor

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...

Factbox: US Banks’ Forecasts on Costs for Replenishing FDIC’s Deposit Insurance Fund

U.S. banks have started to detail the expected impact to their costs from the "special assessment" fee they have to pay to replenish the...

Missing Wells Fargo Deposit? Here’s What You Can Do

Wells Fargo is once again cleaning up trouble with its customers’ bank accounts, and there are several steps you can take if you’ve been...

Deposit Decline: Banks Face Losses, While Unanticipated Competitors Thrive

The banks that showed some of the biggest deposit declines during the second quarter weren’t midsize regional lenders. They were the industry’s giants. JPMorgan Chase (JPM),...

Charles Schwab Successfully Navigated the Deposit Crisis. What’s Next?

Charles Schwab is best known as the largest publicly traded U.S. brokerage firm, but it also runs a large bank that isn’t quite too...

Why Banks Must Enhance ‘Deposit Beta’ to Meet Market Demands

As the US Federal Reserve has raised interest rates at the fastest pace in decades, savers have been expecting to see those increases appear...

Hong Kong Sets Plan to Increase Bank Deposit Protection Starting in 2025

Hong Kong plans to raise the maximum protection on bank deposits in a move designed to better shield people during times of severe stress. The...

Grab and Sea Urge Singapore to Remove Deposit Cap for Digital Banks

Singapore’s new digital banks backed by Grab Holdings Ltd. and Sea Ltd. are pushing the country’s central bank to lift a cap on deposits...

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...

China Urges Major Banks to Reduce Deposit Rates in Effort to Stimulate Growth

Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according...

BOE Urges Utilization of Deposit Protection Fund to Recapitalize Troubled Banks

The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program under reforms designed to address shortcomings...

Vietnamese Banks Slash Deposit Rates in Effort to Stimulate Economic Growth

Vietnamese banks have lowered their deposit interest rates further in a move designed to boost lending to shore up growth in the economy, local...

U.S. Banks Using Promotions to Encourage Customers to Deposit Funds, Say Analysts

For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after...

JPMorgan says more banks could run out of reserves like SVB if pace of this deposit flight continues

U.S. banks are using reserves to cover for the cash that depositors are withdrawing, setting up a potentially calamitous situation down the road, JPMorgan...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: deposit