Global Banking Monitor

Sunday, May 19, 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: ECB

ECB Views Core Price Trend in May as Cause for Concern

Most European Central Bank officials expressed concern over the path of underlying consumer prices — the key focus in determining how high they push...

ECB Sounds Alarm on Market Stability Due to Rate Hikes

The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the fight against inflation, with real estate...

European Central Bank (ECB) cautions about potential impact on major European banks if funds face difficulties

The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or...

ECB reaches a significant stage of rate tightening, says Makhlouf

The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to Governing Council member Gabriel Makhlouf. “Given our...

Climate change projected to fuel inflation in the next decade, warns ECB

Climate change will increase global inflation by as much as one percentage point every year as food costs climb, according to new research from...

ECB Intensifies Examination of Bank Liquidity, Considers Increasing Requirements

The European Central Bank is stepping up scrutiny of lenders’ liquidity reserves and may communicate stricter requirements to individual firms later this year, according...

Goldman slapped with $7 million fine by ECB for credit risk reporting violations

The European Central Bank said on Monday it had fined Goldman Sachs (NYSE:GS)' European unit 6.63 million euros ($7.3 million) for underreporting the risk...

ECB will keep raising interest rates, says Knot

The European Central Bank has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of...

ECB Officials Unite in Support of Ending Rate Hikes Soon

A growing chorus of European Central Bank officials predicts that interest-rate increases will soon come to an end — signaling a new-found consensus after...

Centeno emphasizes importance of weighing bank woes in ECB decisions

The European Central Bank must consider recent financial-market stress when taking decisions on interest rates, according to Governing Council member Mario Centeno. While there are...

ECB Rate Policy Moves Affected by Bank Turmoil, Says Guindos

European Central Bank Vice President Luis de Guindos said the banking sector is “going through a period of very high uncertainty” that dictates a...

ECB monitoring for signs of stress, but unlikely to face banking crisis

The European Central Bank is watching for signs of stress in the banking sector from the ongoing financial turmoil but a full-blown crisis is...

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