Global Banking Monitor

Friday, May 10, 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: government

Japan Banks Rush to Strengthen Asset Management Business Amid Government Reform Push

The Japanese government's reform push for the country's $5 trillion asset management industry has sparked a series of action plans from top Japanese banking...

New Zealand Government Initiates Economic Repairs to Stimulate Growth

The New Zealand government is starting a massive economic repair job to fix the country's "fragile economy", Finance Minister Nicola Willis said on Wednesday.The...

UK Government Confronts £150bn Bill to Cover Bank of England’s QE Losses

The Bank of England has estimated it will require the Treasury to transfer a total of £150bn by 2033 to cover expected losses on...

Japan’s Government Predicts Slower Inflation in the Coming Year, Calls for BOJ Coordination

Japan's inflation will likely slow to around 1.5% next year when stripping away the effect of one-off factors, a government spokesperson said on Monday,...

Australian Government Pushes for More Reforms to Boost Wages and Close Loopholes

Australia plans to reform its workplace-relations laws in a bid to remove structural impediments that stymie wage growth. The reforms include closing a loophole that...

Reports Suggest Government Considering 20% Increase in Bank Capital Requirements

Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street...

Bank of Japan reports first unrealized loss on government bonds in 17 years

The Bank of Japan's (BOJ) unrealized losses on its holdings of record-high government bonds amounted to 157.1 billion yen ($1.1 billion) in fiscal 2022...

The unstoppable government interventions in times of crisis

As bank runs spread, it has become clear that anyone who questions a government rescue for those caught underfoot will be tarred as a...

Bonuses Given to Silicon Valley Bank Employees Prior to Government Takeover

Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of the...

Billionaire Bill Ackman Calls for Urgent Government Action on Silicon Valley Bank Failure

Billionaire investor Bill Ackman wrote a lengthy analysis of the Silicon Valley Bank failure on Saturday, arguing that the U.S. government needs to protect...

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