Global Banking Monitor

Sunday, May 12, 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...

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ICBC, World’s Largest Bank, Continues to Encounter Trader Caution Post Cyberattack

Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, has been unable to convince some market participants that it’s safe...

MUFG to Purchase $936 Million Stake in U.S. Bancorp Post Unit Sale

Mitsubishi UFJ Financial Group Inc. will buy a stake in U.S. Bancorp for $936 million, deepening an alliance after selling its regional banking business...

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...

EY to Remain UBS Auditor Post Credit Suisse Acquisition

UBS Group (UBSG.S) has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial...

Mortgage rates post big decline amid Silicon Valley Bank fallout

Mortgage rates fell sharply on Monday as the stunning collapse of Silicon Valley Bank triggered fears of a broader banking meltdown. The average rate on...

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