Global Banking Monitor

Friday, April 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: increase

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...

Canadian Retail Sales Soar with 0.8% Jump, Reflecting Sharp Spending Increase

Canadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict household budgets. Receipts for retailers rose 0.8%...

US Bond Traders Increase Recession Bets Amidst Economic Stumbles

Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy next year, elevating concern of a...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by...

Saudi Central Bank Announces 25 bps Increase in Repo Rate to 6%

The Saudi central bank, known as SAMA, increased key rates by 25 basis points on Wednesday, it said in a statement, following the Federal...

Factbox: U.S. Banks Increase Provisions for Commercial Real Estate Risks

The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates....

Regions Financial Confident in Managing Potential Capital Increase

Regions Financial says that it is planning for an increase in regulatory capital requirements and would be able to manage new regulations for risk-weighted...

Fed Remains Open to Further Rate Hike Following Anticipated Increase This Month

Federal Reserve policymakers are primed to resume raising interest rates this month and remain open to a further increase later in the year. While officials...

Wells Fargo Reports 57% Profit Increase, Boosts Outlook for Interest Income

Wells Fargo (WFC.N) raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending its shares...

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...

America’s Inflation Wave Driven by Corporations Seeking to Increase Profits, Says UBS Economist

The worst inflation in four decades has proved quite the ride for consumers over the past two years, and recently, it’s even helped the...

Canadian Banks Increase Prime Rate to 6.95% Following Bank of Canada Rate Hike

Canadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark interest rate on...

Goldman Sachs Suggests “Fully Orthodox” Policy Maker Might Increase Turkey’s Rates to 40%

Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor suggested a...

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...

- A word from our sponsors -

spot_img

Follow us

HomeTagsIncrease