Global Banking Monitor

Saturday, May 11, 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: loss

Swiss National Bank Records $15 Billion Loss in Second Quarter

The Swiss National Bank (SNBN.S) said on Monday it lost 13.2 billion Swiss francs ($15.14 billion) in the second quarter, despite raking in interest...

Swiss National Bank Reports $15 Billion Loss in Second Quarter

The Swiss National Bank SNBN.S posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said on Monday, as interest rate...

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...

Significant Surge: Canada’s Big Banks Experience 13-Fold Increase in Loan Loss Provisions

Canada’s big five banks this week collectively set aside the most money for loan losses since 2020, as concerns about an economic slowdown and...

Credit Suisse AT1 Bond Write-Off Results in $340 Million Loss for PIMCO – Source

Bond giant PIMCO lost about $340 million on a category of Credit Suisse bonds that were wiped out by the takeover by UBS (UBSG.S),...

Credit Suisse’s $17 Billion Loss Leaves Bondholders in Europe Unhappy

One section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments...

Silicon Valley Bank works to restore client confidence following 60% stock value loss

SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock...

Morgan Stanley sees these names rebounding after heavy tax loss selling at the end of 2022

With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to...

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