Global Banking Monitor

Monday, May 6, 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: restructuring

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Citigroup Announces Closure of Global Distressed-Debt Unit as Part of CEO Jane Fraser’s Restructuring Plan

Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul of the bank, CNBC has learned. The company decided...

Citi Appoints Gutiérrez-Orrantia as Europe Banking and Cluster Head Amid Restructuring

Nacho Gutiérrez-Orrantia, one of Citi's (C.N) most senior bankers in Europe, will become banking and cluster head for Europe as part of its planned...

Exclusive: UBS Approaches Significant Restructuring of Investment Bank

UBS Group AG (UBSG.S) is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday,...

World Bank Urges Swift Changes to Debt Restructuring Processes to Tackle Rising Economic Uncertainty

The World Bank will push to resolve the mounting debt problems of poor countries and along with the International Monetary Fund will present concrete...

Top Nigerian Bank Allocates $267 Million in Response to Ghana’s Debt Restructuring

Zenith Bank Plc, Nigeria’s biggest lender by market value, said it set aside 123.4 billion naira ($267 million) in part to account for its...

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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