Global Banking Monitor

Tuesday, May 7, 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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Bankers Prepare for Continued Japan Share Sale Revival Extending Into 2024

Equity capital market bankers in Japan are bracing for another busy year as stocks extend a rally that’s lured buyers from local individual investors...

China Initiates Investigations into Troubled Shadow Banking Giant Zhongzhi

Chinese authorities said they recently opened criminal investigations into the money management business of Zhongzhi Enterprise Group Co., days after the embattled shadow banking...

ECB’s Lagarde Notes Signs of Global Economic Fragmentation into Blocs

European Central Bank President Christine Lagarde on Friday said Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the...

A Glimpse into Global Banking: AI’s Report on Industry Endeavors

According to the annual Evident AI Index, JPMorgan Chase is the most mature when it comes to AI with Capital One and Royal Bank...

Tinubu Initiates Probe Into Nigeria’s Central Bank Operations

Nigerian President Bola Tinubu, weeks after he suspended the nation’s central bank governor, appointed a special investigator to examine the monetary authority’s operations. Tinubu reappointed...

ECB Plans Another Interest Rate Hike as Finish Line Comes Into View

The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in...

Kenya’s Economy at Risk as it Slides into Dangerous Territory

For a country dangerously addicted to debt as it battles unrelenting inflation, daily weakening of the shilling, tax shortfalls and rising interest rates, the...

US Inflation Report Indicates Fed Rate Pause Could Turn Into a Full Stop

US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The details offer signs it...

Eurozone Slips into Recession as Economic Contraction Deepens

The eurozone entered into a technical recession at the start of the year, according to revised data, as rising inflation hit consumer spending. The economy...

Scotiabank Looks into Synthetic Risk Transfer as Capital Rules Move Forward

Bank of Nova Scotia has been sounding out investors for a potential synthetic notes offering to boost its capital buffers, according to people with...

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional...

Amid banking turmoil, investors pour $117B into money market funds

Market fund assets ballooned to $5.13 trillion for the week ending March 22 amid the widening crisis in the global banking. Data compiled by Investment...

Kellogg will split into two companies. Here are the names

Kellogg Company has released what the two separate companies that it intends to split into will be called. In a , Kellogg said WK Kellogg...

UK Finance Minister Hunt Refuses to Rush into Tax Cuts

British finance minister Jeremy Hunt said he wanted to lower tax rates for individuals and especially businesses in the longer term but warned it...

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