Global Banking Monitor

Friday, June 14, 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: support

China’s Central Bank Expands Liquidity Support through Policy Loans, Leaves Rates Unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market...

Kenya Set to Receive $12 Billion Support from World Bank in Next 3 Years

The World Bank said on Monday that it foresaw $12 billion of support to Kenya over the next three years, potentially a major boost...

Chinese Officials Emphasize Macroeconomic Policy Support for High-Quality Development

We begin with measures to bolster China’s real economy where policymakers today stressed the importance of macroeconomic policy support to boost the economy and...

China Growth Forecasts Slashed for Next Year Despite Expected Support

China’s economic outlook is deteriorating into next year, with no clear consensus from analysts that the business environment will improve despite Beijing’s push to...

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...

Chinese Banks Receive Support from Citi and UBS Following Goldman Sachs’ Report

Chinese banks are drawing a growing list of defenders against Goldman Sachs Group Inc.’s pessimistic report on the industry, highlighting how it stands out...

PBOC to Implement “Tailored” Property Support, Downplays Risk for Banks

The People’s Bank of China signaled more targeted support may be on the cards for the property market as it sought to assure investors...

China’s Central Bank Gives Indications of Support, Encourages Patience

The People’s Bank of China on Friday urged patience and confidence as the world’s second-largest economy rebounds this year, reiterating its stance on monetary...

Hong Kong Stresses Banks’ Responsibility to Support Licensed Crypto Exchanges

Hong Kong's banking regulator said on Thursday it had, in April, asked lenders operating in the region to try and meet the business needs...

Chinese Yuan Bounces Back as State Banks Sell Dollars to Provide Support

China’s yuan rebounded from a near six-month low against the dollar on Friday, as some major state-owned banks sold the US currency to prevent...

China keeps rates unchanged and boosts liquidity to support faltering recovery

China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Monday, as expected, but markets expect monetary easing...

Fed policy receives support from officials, yet inflation remains a concern

The Federal Reserve is getting interest rates closer to where they need to be to win the battle against inflation, a pair of U.S....

ECB Officials Unite in Support of Ending Rate Hikes Soon

A growing chorus of European Central Bank officials predicts that interest-rate increases will soon come to an end — signaling a new-found consensus after...

Italy announces €4.9 billion aid plan in support phase-out initiative

Italian Premier Giorgia Meloni’s government is preparing a new package worth €4.9 billion ($5.3 billion) that extends support to low-income families while weaning others...

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