Global Banking Monitor

Wednesday, May 8, 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: reserves

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,...

South Africa’s Central Bank Affirms Talks on Utilizing Reserves

South Africa’s central bank confirmed that it is in talks with the National Treasury to find a way to tap contingency reserves to fund...

Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by...

Venezuela’s Gold Reserves Drop by Nearly 12% in Six Months

Venezuela's gold reserves fell by eight metric tons in the year's first half, central bank data showed on Friday, continuing a years-long reduction in...

Halting Interest on BOE Reserves Could Save UK £1 Billion

The UK government would save about £1 billion ($1.3 billion) a year if the Bank of England copied the European Central Bank and cancelled...

Deutsche Bank CFO Criticizes ECB’s Decision to Scrap Interest on Reserves

Deutsche Bank AG Chief Financial Officer James von Moltke said the European Central Bank was burdening banks with the costs of monetary policy after...

Mauritius Takes Measures to Strengthen Reserves Amid Economic Uncertainty

Mauritius’s central bank plans to purchase foreign currency in the domestic market to boost its reserves and provide a stronger buffer against external shocks. The...

ECB’s Decision to Scrap Interest on Reserves Deals $6 Billion Blow to Banks

The European Central Bank will stop paying banks for the money they are required to keep at the institution as a minimum reserve, a...

US Regulators Set to Reveal Plan for Banks to Establish Cash Reserves

U.S. regulators are set to propose a rule that could significantly raise capital requirements for larger banks, forcing them to cut costs and retain...

US Banks Maintain Steady Reserves, Easing Concerns Over Liquidity Drainage

A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased...

US Banks’ Reserves Remain Stable, Easing Concerns Over Liquidity Drainage

A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased...

Indian Forex Reserves Surpass $600 Billion, Near Highest Level in 15 Months

India's foreign exchange reserves (INFXR=ECI) rose for a third straight week to total $609.02 billion as of July 14, the highest in nearly 15...

Pakistan’s Forex Reserves Reach 9-Month High, Boosted by IMF Bailout

Pakistan’s foreign exchange reserves rose to about a nine-month high after the South Asian nation secured a fresh financial bailout from the International Monetary...

Bank of America CEO Highlights US Consumer as the Federal Reserve’s Primary Challenge

Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is “not good for...

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