major Archives - Global Banking Monitor

Wells Fargo Makes History: First Major US Bank to See a Unionized Branch

Wells Fargo & Co. is now the first major US bank to have a unionized workforce. Workers at a Wells Fargo branch in Albuquerque, N.M.,...

Canada’s Major Bank Works on Resolving a $10 Billion Challenge

Royal Bank of Canada wanted to return to the US personal and commercial banking business, and City National Bank seemed to have it all:...

Major Gold Seller Among Central Banks Poised to Offload More

In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank...

Major Banks Face Capital Hike of Up to 19% as per Proposed US Regulations

US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the...

Australia’s Major States Grapple with Budget Strains Due to Income Squeeze

Australia's Major States Grapple with Budget Strains Due to Income Squeeze Australia’s two biggest states will struggle to return their budgets to surplus as the...

CEO of Major Colombian Bank Highlights Better-Than-Expected Loan Growth

Colombian mortgage and commercial lending are unexpectedly resilient after the central bank’s steepest-ever series of interest rate rises, according to the head of the...

China Urges Major Banks to Reduce Deposit Rates in Effort to Stimulate Growth

Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according...

U.S. Regulators Set to Impose 20% Hike in Capital Requirements on Major Banks, Reports WSJ

Big banks will soon have to boost their balance sheets as U.S. regulators prepare to unveil new measures aimed at improving the resilience of...

European Central Bank (ECB) cautions about potential impact on major European banks if funds face difficulties

The euro zone's top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or...

Expected Pause in Rate Hikes by Major Central Banks Now Less Certain

The market has long been pricing in interest rate cuts from major central banks toward the end of 2023, but sticky core inflation, tight...

Bank of England Recognizes the Importance of Adapting Monetary Policy to Handle Major Shocks

The head of the Bank of England has said there are "very big lessons" to learn about how the central bank has dealt with...

Gen Z’s Impending ‘Student Loan Cliff’ Could Have Major Repercussions for the American Economy, Experts Say

Millions of Gen Z grads have never had to pay their monthly student loan bill, considering that federal payments have been paused for more...

Financial Guru Issues Warning on Impending Collapse of Major Bank

In the aftermath of the Silicon Valley Bank collapse, finance expert Robert Kiyosaki cautioned the central bank of a global powerhouse may be the...

Moody’s upgrades ratings for six major Saudi companies, including PIF and Aramco

Saudi Arabia’s Public Investment Fund and energy giant Aramco are among six firms in the Kingdom to have their ratings boosted from stable to...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: major