Global Banking Monitor

Saturday, May 4, 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: news

Japan’s Interest Rates in Spotlight: A Comparison That Puts Others in Perspective

Major banks in Japan have started raising interest rates on time deposits for savers — to the tune of 0.2%, Bloomberg reported on Thursday. While...

Smart Interaction Granted Saudi License for Finance Integration Services

Saudi fintech firm Smart Interaction has obtained a license to provide finance aggregation services in the Kingdom. With approval from the Saudi Central Bank, the...

Can China Reclaim Its Economic Miracle in 2024?

China's disappointing post-COVID recovery has raised significant doubts about the foundations of its decades of stunning growth and presented Beijing with a tough choice...

Bunq, the Neobank, Launches Customer-Facing General AI Tool

Bunq on Tuesday became the latest neobank to fold generative artificial intelligence into its platform. The Amsterdam-based fintech, which has applied for a U.S. banking...

Santander Acquires 20% Stake in $9 Billion Signature Multifamily Portfolio

Signature Bridge Bank, under receivership of the Federal Deposit Insurance Corp., sold a 20% stake in a $9 billion portfolio to Santander Bank for...

US Short-Term Inflation Expectations Reach Lowest Point Since 2021

US consumers remained sanguine about the inflation outlook as 2023 drew to a close, contributing to a robust rebound in sentiment. Americans expect prices will...

US New-Home Sales Unexpectedly Hit One-Year Low

US new-home sales unexpectedly slumped in November, led by a sharp drop in the South and suggesting a bumpy road to recovery for the...

Swiss National Bank Welcomes Two New Deputy Rate-Setters

Switzerland’s government has enlarged the number of deputies for the Swiss National Bank’s rate-setting board, appointing two new officials who step in if the...

Central Bank’s Monetary Body Gets Crypto Specialist in Erdogan’s Recent Appointment

Turkey President Recep Tayyip Erdogan has appointed Fatma Ozkul, a professor who teaches about crypto assets and blockchain technology, to the central bank’s rate-setting...

IMF Data Reveals Decline in Dollar’s Share in Central-Bank Reserves

The dollar’s share in global central-bank reserves dropped in the three months to the end of September, while holdings of the Japanese yen rose,...

Dollar Weakens to Lowest Level Since July as Data Sparks Rate-Cut Speculation

The dollar extended its drop after the Federal Reserve’s preferred gauge of underlying inflation showed muted price gains, affirming the central bank’s pivot toward...

India’s Rate Panel Leans Towards Tighter Control on Inflation, Reveals Meeting Minutes

India’s rate setters wanted to stay cautious as volatile food prices lent uncertainty to the overall inflation trajectory and did not want to confuse...

Peru’s Central Bank Foresees Economic Shrinkage After Significant Adjustment

Peru central bank chief Julio Velarde said the nation’s gross domestic product will contract this year, marking the first time a government official publicly...

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...

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