Global Banking Monitor

Wednesday, April 24, 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: reserve

Rate Hike Era Ends: Federal Reserve Shifts Attention to Timing of Potential Cuts

The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of monetary policy is...

China Likely to Lower Banks’ Reserve Ratio in August to Boost Cash Supply

China’s central bank may cut the reserve-requirement ratio for major banks as soon as this month in an effort to boost lending and revive...

Understanding How the Federal Reserve Affects Savings Account Interest Rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks offering top rates tend to...

Nigeria Slashes Merchant Banks’ Cash Reserve by 70% to Foster Loan Growth

Nigeria’s central bank slashed the mandatory cash reserve requirement for merchant banks by 70% to increase their liquidity and ability to extend loans to...

Federal Reserve Expected to Maintain Hold in June, but One-Third of Economists Anticipate Imminent Hike

The U.S. Federal Reserve will not raise interest rates for the first time in well over a year at its June 13-14 meeting, according...

Federal Reserve Faces Complex Interest Rate Dilemma as Possibility of Skipping Hike Arises

Federal Reserve Faces Complex Interest Rate Dilemma as Possibility of Skipping Hike Arises The Federal Reserve’s June meeting is shaping up to be one of...

Harker from the Federal Reserve Urges FOMC to Consider Skipping June Rate Hike

Federal Reserve Bank of Philadelphia President Patrick Harker said the US central bank is close to the point where it can stop raising interest...

Bank Borrowings from the Federal Reserve Remain Stable, Showing Little Change Compared to Last Week

Borrowing from the Federal Reserve’s backstop liquidity facilities were little changed last week, even as strains in the banking sector remain in focus. The US...

Hungary’s Central Bank Makes Adjustments to Required Reserve System

Hungary's central bank has decided to make changes to commercial banks' required reserve system, shifting to a monthly average calculation basis from daily balance...

Federal Reserve raises rates by 0.25%, signals nearing end of rate hikes

The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes...

Federal Reserve Confronts Challenging Decision on Whether to Raise Rates

Federal Reserve Chair Jerome Powell and his colleagues this week face one of their toughest calls in years: whether to raise interest rates again...

Federal Reserve Governors to Conduct Secret Meeting on Monday

The U.S. Federal Reserve said it will hold a closed-door meeting of its board of governors under expedited procedures on Monday. The meeting from 11:30...

NAB, Westpac, ANZ and CommBank respond to Reserve Bank of Australia’s cash rate hike, amplifying mortgage pain for Australians.

All four major banks have passed on the Reserve Bank of Australia's latest rate hikes to struggling customers. The RBA lifted the nation's official cash...

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