Global Banking Monitor

Friday, May 3, 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: Loan

Bank of Montreal Modifies Loan Agreement for Warburg’s Everise Stake

A group of banks led by Bank of Montreal had to rework a debt sale that financed Warburg Pincus’ purchase of a stake in...

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...

Bank of Estonia Warns: Loan Repayment May Become Slightly More Challenging

While the share of bad loans remains very low in Estonia, a recent analysis by the Bank of Estonia (Eesti Pank) suggests their number...

World Bank Freezes Liberia’s Access to Undrawn Loan Funds

The World Bank has suspended its access to "unwithdrawn loans" in Liberia after the country defaulted loan repayments by 60 days under the administration...

Blackstone Edges Closer to Acquiring Signature Bank’s $17 Billion Loan Portfolio

Blackstone Inc. (NYSE:BX) is on the brink of acquiring a substantial $17-billion commercial property loan portfolio from the Federal Deposit Insurance Corporation (FDIC), as...

European Banks Benefit from Profit Boost Amid Resilient Loan Books

Most European banks beat profit estimates for the second quarter, with surprisingly robust loan portfolios providing a major boost to their earnings. Societe Generale’s credit...

Dollar Rises on the Back of Fed Loan Survey, Yen Slides

The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during...

Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand

U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during the second quarter, Federal Reserve survey data released...

Discover the Array of Banks Extending Student Loan Services

College is expensive. While the federal government offers student loans to help people pay their way through college, sometimes this isn’t enough. When that...

The Enigma of Low Student Loan Refinancing: Unraveling the Causes Behind Banks’ Reluctance

For people struggling to pay back student loans, refinancing is one option that may provide relief. However, borrowers may also be hard-pressed to find...

European Banks Highlight Bad Loan Risks Amid Faltering Global Economy

Europe's major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad loans as the global economy...

ICICI Bank Exceeds Expectations as Quarterly Profit Soars on Strong Loan Growth

ICICI Bank Ltd.’s first-quarter profit topped estimates, underpinned by sustained demand for retail loans in the world’s most populous country. Net income climbed to 96.5...

More Americans Facing Loan Rejection, Fed Data Indicates

Americans are increasingly likely to get turned down when they apply for credit, according to a new Federal Reserve survey that shows the combined...

IMF Grants $1 Billion to Kenya Post Latest Loan Review

The International Monetary Fund approved almost $1 billion for Kenya, saying the East African country had met conditions for continued financing under programs to...

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