Global Banking Monitor

Friday, May 10, 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: plans

Citi’s Onshore China Investment Bank Plans Face Delays Due to Data Law

Citigroup Inc.’s push to set up a wholly-owned securities business in China is taking longer than planned because the bank needs more time to...

Citi Announces Plans to Separate Mexico Retail Bank from Corporate, Investment Unit by Late 2024

Citigroup (C.N) will split its Mexico retail unit, known as Banamex, from its corporate and investment banking business in the country by the second...

Credit Suisse’s Downfall Unfolds Amidst Plans for Nationalization Through a $57.6 Billion Injection

About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to...

Nigeria’s Central Bank Unveils Extensive Plans to Tackle Inflation

Nigeria’s central bank pledged major changes to get a grip on inflation and steady the country’s battered currency, signaling tighter monetary policy ahead. The Central...

OPay Plans to Launch Digital Bank in Egypt

OPay has announced its intention to apply for a digital bank licence in Egypt with a capital of $60m. The company said that this step...

US Regulators Instruct Banks to Strengthen Contingency Funding Plans

US lenders should review plans for their funding needs to make sure they have access to a range of liquidity sources during times of...

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...

Uruguay Finance Chief Plans to Issue More Local Currency Bonds in 2023

Uruguay plans to complete its $4.3 billion bond funding program this year by issuing local currency debt on the domestic capital market as slowing...

Kuwait Unveils Plans for New Sovereign Investment Fund to Stimulate Growth

Kuwait plans to launch a new sovereign investment vehicle to invest in the local market and boost economic growth, according to the government’s latest...

Indonesia’s Central Bank Plans 30% Increase in Repo Deals in the Current Year

Indonesia's central bank aims to increase repurchase agreements between commercial banks by 30% this year to 1,026 deals after 76 banks signed a repo...

Vietnam’s Central Bank Plans Additional Policy Rate Cuts

The State Bank of Vietnam will cut the refinancing rate by 50 basis points to 5 per cent from Thursday in the latest move...

BlackRock Plans to Sell $114 Billion of Securities from Failed Banks

BlackRock Inc. was hired by US regulators to help sell $114 billion in securities it amassed from failed lenders Signature Bank and Silicon Valley...

Argentina plans to urge state-owned entities to relinquish dollar bonds, says Ministry official

Argentina's government will push state entities to give up their foreign-law sovereign dollar bonds, an economy ministry official said on Tuesday, aiming to reduce...

Salesforce Unveils Big Job Cuts, Restructuring Plans As CEO Marc Benioff Tightens Grip

The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions, said CEO Marc Benioff. Salesforce (CRM) - Get...

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