Global Banking Monitor

Thursday, May 2, 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: sources

Standard Chartered’s CCIB Co-Head Manish Jain to Join Yes Bank, Sources Reveal

Standard Chartered Plc’s co-head of corporate, commercial and institutional banking for India is leaving the firm after more than 23 years. Manish Jain is set...

Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources

India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as the...

China State Banks Expected to Sell US Dollars to Support Yuan – Sources

China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on...

Bank of Japan Likely to Maintain Steady Yield Control Next Week, Sources Say

The Bank of Japan is leaning towards keeping its yield control policy unchanged at next week's meeting, five sources familiar with its thinking said,...

Argentina Expected to Hold Interest Rate at 97% Amid Lower-than-Expected Inflation, Say Bank Sources

Argentina's central bank held the country's benchmark interest rate unchanged at 97% when its board met on Thursday, after monthly inflation slowed in May...

Janet Yellen Urges Bank CEOs to Consider Further Mergers, According to Sources

During Thursday’s meeting with the CEOs of large banks, Treasury Secretary Janet Yellen told executives that more bank mergers may be necessary as the...

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional...

Sources claim UBS rushing to finalize Credit Suisse deal by late April

The Swiss authorities and UBS Group AG are racing to close the takeover of Credit Suisse Group AG within as little as a month,...

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