tech Archives - Global Banking Monitor

National Bank Expands Tech Book by Acquiring SVB’s Canadian Portfolio

National Bank of Canada’s deal for Silicon Valley Bank’s Canadian commercial loan portfolio will give it more exposure to higher growth industries and still...

China Requests Banks to Fund Tech Sector in Effort to Boost Private Industry

China’s central bank called on the financial sector to help fund technology research and M&A deals, the latest in a string of promises to...

SVB’s primary debtor in Canada revealed as Romanow’s tech finance firm

The bankruptcy liquidator in charge of Silicon Valley Bank’s Canadian unit is set to receive offers for its loan book on Monday, and the...

JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse

German digital insurer Wefox said Wednesday it raised $110 million of fresh funding from backers including JPMorgan and Barclays. The news marks a vote of...

China’s Economic Data Disappoints, Attention Turns to Tech Sector’s Earnings

U.S. equity markets opened lower and turned mixed on the heels of disappointing retail sales data and weak guidance from home improvement retailer, Home...

Only 25% of UAE Banks have a tech chief on their executive committee

We were astonished when we looked at the figures from our Digital Transformer 2023 research. We had to double-check. We actually triple-checked - again...

Recession in 2023 is unavoidable; layoffs in tech and finance to impact other sectors

More than a year ago, I forecast a recession would begin in the second half of 2023. That was a no-brainer. Years of virtually...

India’s Tech Minister to Meet with Startups to Discuss SVB Fallout

India's state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's...

UK Tech Sector at Risk of ‘Existential Threat’ Following Silicon Valley Bank’s Collapse, Warns Report

Dozens of early-stage tech companies in the UK have warned the chancellor of "an existential threat" to the sector following the failure of Silicon...

Wall Street veteran names the stocks that could go to $0 — and his favorites in tech

2022 has marked the end of an era of cheap money, and that's bad news for companies with a growth at all costs approach,...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: tech