Global Banking Monitor

Thursday, May 9, 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: takes

Bank of Japan Takes Steps Toward Normalization, but Full Transition Remains Incomplete

The news that economic policy minister Yoshitaka Shindo would be in attendance at the Bank of Japan’s policy meeting had sparked market speculation about...

Beijing Takes Significant Steps to Address Looming Property Crisis in China

China's finally starting to do something about the three-year property crisis that's been weighing on its COVID-scarred economy. Beijing is urging banks to boost financing...

Chile Takes Bold Step with Jumbo Interest Rate Cut in Line with Latin America’s Easing Trend

Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift toward looser monetary policy and signaling...

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...

Central Bank of Myanmar Takes Steps to Stabilize Currency and Tackle Inflation

Myanmar aims to stabilize its currency to control price pressures, the central bank said, as the kyat weakens in the black market. “The Central Bank...

Michele Bullock Takes the Helm at RBA with a ‘Reform Agenda’: Gallagher

The incoming Reserve Bank governor is expected to bring “reform agenda” to the institution as it seeks to ramp up transparency, the government say. Michele...

Growth Takes Priority Over Inflation as Key Concern for Taiwan’s Economy

Taiwan delivered the latest signal that weakening growth is quickly overtaking inflation as the primary concern in the capitals of Asia’s exporting economies. The central...

BOE Takes Lead in Interest Rate Hikes, But Trails Behind in Completion

The Bank of England was the first major central bank to start raising interest rates. Money markets are betting it may be the last...

Fed Takes the Lead in Critical Stage of Global Inflation Battle

The world’s major central banks are approaching a critical juncture in their fight against inflation, with the route they ultimately choose set to impact...

Czech Republic Takes Action: Lending Rules Relaxed as High Rates Cool Housing Market

The Czech central bank took the first step to ease lending conditions after the highest interest rates in more than two decades curbed credit...

UK Mortgage Lending Takes a Hit After Unforeseen Interest Rate Rises

UK mortgage approvals fell unexpectedly, and borrowers repaid debt at a historic pace after soaring interest rates increased the cost of serving loans. The figures...

China’s Currency Surges as Central Bank Takes Action Against Speculation

China’s yuan jumped on Friday after the country’s central bank moved to shore up the currency following a recent selloff, vowing to curb speculation...

Ueda Takes Over BOJ Governorship in Historic Leadership Shift

Kazuo Ueda took over the reins at the Bank of Japan, replacing Haruhiko Kuroda, whose decade-long aggressive easing efforts made the central bank capable...

UAE Takes Part in Annual Spring Meetings of World Bank Group and IMF

The United Arab Emirates, represented by the Ministry of Finance (MoF), is participating in the 2023 Spring Meetings of the World Bank Group (WBG)...

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