Global Banking Monitor

Saturday, April 27, 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: insurance

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...

Credit Suisse Bond Losses Won’t Trigger Credit Insurance Payout

Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives...

JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse

German digital insurer Wefox said Wednesday it raised $110 million of fresh funding from backers including JPMorgan and Barclays. The news marks a vote of...

Shares of Deutsche Bank fall 14% due to a sudden surge in default insurance costs

Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The...

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