Global Banking Monitor

Thursday, March 28, 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...

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US Debt Downgraded by Fitch; Goldman Sachs Plays Down Significance

Fitch slashed the US's credit rating on Tuesday, but Goldman Sachs doesn't see reason for concern. After Fitch's call, strategists from the bank led by...

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...

Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down

Peru held interest rates at a 22-year high to ensure that inflation slows decisively toward its target. The central bank left its benchmark interest rate...

Concerns Rise as Europe’s Economic Engine Shows Signs of Breaking Down

Economists see German growth lagging behind the rest of the region for years to come, and the International Monetary Fund estimates Germany will be...

Central banker calls for wage restraint in Iceland to slow down inflationary trends

Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western...

Bank of England Urges Swift Action on Funds that Nearly Brought Down UK Financial System

The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about the...

Saudi National Bank chair steps down days after Credit Suisse comments prompt sell-off

Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse. He...

Bryan Carroll steps down as CEO of Vietnam’s TNEX Digital Bank

Bryan Carroll today announced that he is stepping down as CEO of Vietnam's TNEX digital bank. He posted the news directly on his LinkedIn...

Peter Thiel says he had $50M in Silicon Valley Bank when it shut down

Billionaire investor Peter Thiel says he had tens of millions of dollars in Silicon Valley Bank when the lender was seized by regulators last...

Reduced pressure on Fed to quicken rate hikes as wage gains cool down

Federal Reserve policymakers may feel less pressed to ramp up the pace of their policy tightening this month after data Friday showed wage gains...

Australia’s Downer EDI chairman steps down

March 3 (Reuters) - Australian contractor Downer EDI Ltd DOW.AX on Friday said Chairman Mark Chellew had resigned, and elected his deputy Mark Menhinnitt...

Bitcoin Is Down To Start The Year

The king of cryptocurrencies started the new year as it ended 2022. The transition to the new year has not been particularly upsetting for cryptocurrencies,...

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